Tag archive for ‘Retail acquisition news’
By businessnewstoday On Sunday, March 22nd, 2020
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Casino Group to sell 567 Leader Price stores in France to Aldi for €735m

(adsbygoogle = window.adsbygoogle || []).push({}); French retail company Casino Group has agreed to sell three warehouses and 567 Leader Price stores in France to German discount supermarket chain More...

By businessnewstoday On Wednesday, March 18th, 2020
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Costco acquires logistics solutions provider Innovel Solutions for $1bn

Costco acquisition of Innovel Solutions : US warehouse clubs chain Costco Wholesale Corporation has acquired Innovel Solutions, a provider of third-party end-to-end logistics solutions for $1 billion from Transform More...

By Soujanya Ravi On Monday, March 16th, 2020
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Paper Source acquires 30 stores of bankrupt gift retailer Papyrus

Paper Source, a Chicago-based stationery and gift retailer has acquired 30 closed stores of the bankrupt lifestyle brand and gift retailer Papyrus in the US for an undisclosed price. In January 2020, Schurman Fine More...

By Soujanya Ravi On Thursday, March 12th, 2020
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Amethis takes minority stake in Kenyan supermarket chain Naivas

Amethis, an Africa-focused investment fund manager, and its partners have bought a minority stake in Kenyan supermarket chain Naivas Group. The other investors joining the France-based Amethis in the acquisition More...

By businessnewstoday On Tuesday, March 10th, 2020
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US Foods to acquire Smart Foodservice Warehouse Stores for $970m

US Foods acquisition of Smart Foodservice : US Foods has agreed to acquire Smart Foodservice Warehouse Stores, an Oregon-based warehouse grocery store chain from funds managed by affiliates of Apollo Global Management More...

By businessnewstoday On Friday, February 21st, 2020
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L Brands to sell 55% stake in Victoria’s Secret to Sycamore Partners for $525m

US fashion retailer L Brands has agreed to sell 55% stake in Victoria’s Secret Lingerie to private equity firm Sycamore Partners for about $525 million. As per the terms of the deal, Victoria’s Secret, which More...

By Soujanya Ravi On Tuesday, February 18th, 2020
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L Brands in talks to sell Victoria’s Secret to Sycamore Partners

Ohio-based fashion retailer L Brands is in the process of divesting its Victoria’s Secret lingerie brand to private equity company Sycamore Partners, reported CNBC. L Brands has been looking to sell the lingerie More...

By businessnewstoday On Sunday, November 17th, 2019
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Steinhoff to sell UK furniture retailing business to Alteri Investors

European retail sector investor Alteri Investors has agreed to acquire Blue Group, the UK furniture retailing business of South African retail company Steinhoff International, as per the latest retail acquisition More...

By Raghuram Kadari On Thursday, September 12th, 2019
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Shopify to acquire US warehouse automation company 6 River Systems

Shopify acquisition of 6 River Systems : Canadian e-commerce company Shopify has agreed to acquire outstanding securities of US warehouse automation company 6 River Systems in a transaction valued at approximately More...

By Raghuram Kadari On Saturday, August 10th, 2019
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Party City to divest Canadian business to Canadian Tire for $131m

Canadian Tire Corporation (CTC) has signed an agreement with Party City, a US-based retail chain of party stores, to purchase the latter’s Canadian business for C$174.4 million ($131 million). The acquisition More...