Breaking News, World Updates & Headlines
Breaking News, World Updates & Headlines
Talks between Sainsbury’s and Morrisons have set industry tongues wagging, with analysts saying the market is ripe for changeTesco lifts profit forecast and says shoppers are resilientBusiness live – latest updatesThey may be two of the most recognisab…
Read MoreFormer Selfridges owners buy UK high street institution from long-term backer Stefano PessinaThe Canadian family that once owned Selfridges department store has bought the UK pharmacy and beauty retailer Boots for $8.9bn (£6.74bn).Wittington Investment…
Read MoreDeal would have created a supermarket with a market share of 23.6%, still well behind Tesco’s 27.8%Sainsbury’s held merger talks with rival Morrisons this year to discuss a multibillion-pound deal that would have been the biggest shake-up for UK superm…
Read MoreEx-Asda boss Andy Bond linked to plan, with buyout team understood to be negotiating with financial backerPoundland’s management team are in “advanced talks” to lead a rescue bid for the ailing cut-price retailer that could save more than 11,000 jobs.T…
Read MoreBumper fees paid in the year’s mergers and acquisitions spark anger over high City pay during cost of living crisisLondon’s investment bankers and lawyers have made more than £1bn from a frenzy of takeover deals this year, sparking anger over high City…
Read MoreOnline electricals retailer says latest purchase continues to broaden its appeal beyond white goods, phones and TVBusiness live – latest updatesThe troubled camera retailer Jessops has changed hands after AO World acquired the business from the Dragons…
Read MoreToscafund, founded by City figure known as ‘the Rottweiler’, signs deal amid fears over creeping privatisation of NHSBusiness live – latest updatesBritain’s biggest private hospital operator has agreed to a £1bn takeover by a hedge fund manager known a…
Read MoreLatest purchases take value of deals to leave capital’s stock market this year past $100bnThree more London-listed companies are set to be taken over as the value of deals removing firms from the capital’s under-pressure stock market so far this year p…
Read MoreBreakdown recovery group’s private equity owners reportedly in talks with various suitors to sell companyGermany-based financial services company Allianz is considering a £5bn takeover swoop for AA, the breakdown recovery group, Sky News has report…
Read MoreFrasers Group acquires majority of upmarket retailer’s sites from the administrators Business live – latest updatesThe owner of Sports Direct has bought Harvey Nichols out of administration after the upmarket department store chain warned it could run …
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