Tag archive for ‘Retail acquisition news’
US e-commerce grocery shopping platform Boxed to merge with Seven Oaks Acquisition Corp.
By businessnewstoday On Monday, June 14th, 2021
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US online retail company Boxed to go public in $900m SPAC deal

(adsbygoogle = window.adsbygoogle || []).push({}); Boxed, Inc., an American e-commerce grocery shopping platform, has agreed to merge with Seven Oaks Acquisition Corp. in a deal that values More...

German online sporting goods retailer SIGNA Sports United and British online bike retailer WiggleCRC WiggleCRC to merge with Yucaipa Acquisition Corporation in $3.2bn deal
By businessnewstoday On Sunday, June 13th, 2021
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SIGNA Sports United, WiggleCRC to merge with Yucaipa in $3.2bn deal

SIGNA Sports United (SSU), a German online sporting goods retailer, and UK-based online bike retailer WiggleCRC Group have agreed to merge with Yucaipa Acquisition Corporation, a publicly traded special purpose More...

Tata Digital Limited takes majority stake in BigBasket
By businessnewstoday On Monday, May 31st, 2021
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Tata Digital Limited takes majority stake in BigBasket

Tata Digital Limited, a fully-owned subsidiary of Tata Sons, has acquired a majority stake in Supermarket Grocery Supplies Private Limited (BigBasket), an Indian online grocery store company, for an undisclosed More...

7-Eleven to divest 293 Speedway and 7-Eleven stores
By businessnewstoday On Wednesday, May 19th, 2021
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7-Eleven to divest 293 Speedway and 7-Eleven stores

7-Eleven said that it has revealed signing agreements to divest 293 Speedway and 7-Eleven stores to three separate buyers for an undisclosed price. The deals follow the closing of 7-Eleven’s $21 billion acquisition More...

Magnit to acquire Russian retail chain DIXY for $1.25bn
By businessnewstoday On Tuesday, May 18th, 2021
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Magnit to acquire Russian retail chain DIXY for $1.25bn

Russian retailer Magnit, via its main operating subsidiary – Tander, will acquire DIXY Holding, the holding company for DIXY retail chain in Russia, for RUB 92.4 billion ($1.25 billion) DIXY presently operates More...

Grupo Comercial Chedraui’s Bodega Latina to acquire Smart & Final for $620m
By businessnewstoday On Sunday, May 16th, 2021
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Grupo Comercial Chedraui’s Bodega Latina to acquire Smart & Final for $620m

Grupo Comercial Chedraui, a Mexican grocery store chain, through its subsidiary Bodega Latina Corporation, has agreed to acquire Smart & Final Holdings for around $620 million. The sellers of the US-based warehouse-style More...

7-Eleven acquisition of Speedway
By businessnewstoday On Friday, May 14th, 2021
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7-Eleven wraps up $21bn acquisition of Speedway from Marathon Petroleum

Convenience stores company 7-Eleven has wrapped up its previously announced $21 billion acquisition of convenience store chain Speedway from Marathon Petroleum. Speedway’s portfolio includes nearly 3,800 stores, More...

Furniture stores chain At Home Group to be acquired by Hellman & Friedman for $2.8bn
By businessnewstoday On Friday, May 7th, 2021
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Furniture stores chain At Home Group to be acquired by H&F for $2.8bn

At Home Group, an American furniture store chain, has agreed to be acquired by funds affiliated with Hellman & Friedman (H&F) for $2.8 billion in an all-cash deal. As per the terms of the deal, the private More...

Harbor Wholesale wraps up acquisition of Rich & Rhine Wholesale
By businessnewstoday On Saturday, April 3rd, 2021
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Harbor Wholesale wraps up acquisition of Rich & Rhine Wholesale

Harbor Wholesale has completed its previously announced acquisition of rival US convenience distributor Rich & Rhine Wholesale. Rich & Rhine Wholesale will continue to independently operate from its distribution More...

Carrefour to acquire Brazilian food retailer Grupo BIG Brasil for €1.1bn
By businessnewstoday On Wednesday, March 24th, 2021
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Carrefour to acquire Brazilian food retailer Grupo BIG Brasil for €1.1bn

Grupo Carrefour Brasil, a subsidiary of French supermarket chain Carrefour, has agreed to acquire Grupo BIG Brasil, a Brazilian food retailer, from Advent International and Walmart, for R$7.0 billion (€1.1 billion). The More...