Tag archive for ‘Retail acquisition news’
By businessnewstoday On Sunday, August 30th, 2020
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Reliance Retail Ventures to acquire Big Bazaar and other businesses of Future Group

(adsbygoogle = window.adsbygoogle || []).push({}); Reliance Retail Ventures (RRVL), subsidiary of Reliance Industries, has agreed to acquire the retail and wholesale business and the logistics and More...

By businessnewstoday On Tuesday, August 4th, 2020
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US-based EC Design acquires Australian stationery retailer kikki.K

EC Design, a US-based lifestyle products company, has acquired Australia-based design and stationery brand kikki.K for an undisclosed price. The stationery retailer, which was founded by Swedish entrepreneur Kristina More...

By businessnewstoday On Monday, August 3rd, 2020
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7-Eleven to acquire Speedway from Marathon Petroleum for $21bn

7-Eleven acquisition of Speedway : Convenience stores company 7-Eleven has agreed to acquire the Speedway convenience store chain from US petroleum refining company Marathon Petroleum for $21 billion in an all-cash More...

By businessnewstoday On Sunday, April 26th, 2020
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US Foods wraps up $970m acquisition of Smart Foodservice Warehouse Stores

US Foods has wrapped up its $970 million acquisition of Oregon-based warehouse grocery store chain Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management. The deal excludes More...

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

French retail company Casino Group has agreed to sell three warehouses and 567 Leader Price stores in France to German discount supermarket chain Aldi’s subsidiary Aldi France in a deal worth €735 million. The 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...