Poundland Saved from Collapse by High Court
The High Court approves a rescue deal for Poundland's parent company, saving thousands of UK retail jobs and securing the future of 800 stores nationwide.
Category : Search result: retail acquisition
Netflix Wins Bidding War for Knives Out 3
Netflix triumphs over Paramount and Universal to secure the next Benoit Blanc mystery, 'Wake Up Dead Man', in a major streaming coup. Daniel Craig and director Rian Johnson return.
New Look Owner Brait Considers Selling Fashion Chain
Fashion retailer New Look could be put up for sale by its South African owners, Brait, as the high street brand grapples with challenging market conditions and a significant debt burden.
Coca-Cola in Talks to Sell Costa Coffee Chain
The Coca-Cola Company is reportedly in advanced discussions to divest its Costa Coffee chain, just six years after its landmark £3.9bn acquisition. The potential sale signals a significant strategic shift for the beverage giant.
Shoplifting hits 54-year high as 70% of offenders escape justice
British retailers face an unprecedented shoplifting epidemic with offences reaching their highest level since 1969, while police fail to pursue 70% of cases, leaving traders furious and demanding government action.
German bid for UK theme parks: Thorpe Park, Alton Towers in focus
Germany's Europa-Park owners, the Mack family, are in advanced talks to acquire a major stake in Merlin Entertainments, putting iconic UK attractions like Thorpe Park and Alton Towers under new ownership.
Royal Mail Misses Targets as Kretinsky Takeover Nears
Royal Mail faces a delivery crisis, missing crucial performance targets for the second year. As Czech billionaire Daniel Kretinsky's EP Group finalises its acquisition, concerns mount over the future of the UK's postal service and potential regulatory act
NY Firm Buys 28 Wyoming Newspapers, Sparks News Desert Fears
A New York-based media conglomerate, NMC, has acquired nearly all of Wyoming's local newspapers, raising profound concerns about the future of independent journalism, community voice, and the potential rise of 'news deserts' in the American West.
Claire's Avoids Collapse in Last-Ditch Buyout Deal
The iconic accessories chain Claire's has been saved from administration after a dramatic restructuring deal with new owners. Discover which UK stores will close and what this means for the future of the brand.
Musk Must Face $500m Twitter Severance Lawsuit, Judge Rules
A US federal judge rules that Elon Musk must confront a lawsuit alleging he refused to pay at least $500 million in severance to thousands of Twitter employees he dismissed after his $44 billion acquisition. The case advances as the court finds credible c
High Street Apocalypse: Why Britain's Shops Are Disappearing
Exclusive investigation uncovers the devastating combination of business rates, online giants, and planning failures crippling Britain's town centres. Discover why your local high street is dying.
Nexstar's $7.6bn Tegna Takeover Collapses
The blockbuster $7.6 billion acquisition of Tegna by Nexstar Media Group has been abruptly terminated following intense scrutiny from US regulators and political figures, marking a major setback for media consolidation.
Intel's $5.4B Tower Semiconductor Deal Collapses
Intel's planned acquisition of Tower Semiconductor for $5.4 billion has fallen through due to regulatory challenges, dealing a blow to CEO Pat Gelsinger's expansion strategy.
Barbara Hepworth Masterpiece Saved for the Nation
A vibrant Barbara Hepworth sculpture, celebrated for its bold use of colour, has been secured for public display in the UK after a successful fundraising campaign.
Soho House sold to MCR Hotels and Ashton Kutcher
Exclusive members' club Soho House has been acquired by MCR Hotels and a venture led by Ashton Kutcher, marking a significant shift in the luxury hospitality sector.
Former EFL Club’s Takeover Approved After Delays
After months of delays, the takeover of a historic former EFL club has been officially approved, sparking excitement among fans. Here’s what you need to know.
Chinese firm frontrunner to buy Thames Water
A major Chinese company is reportedly leading the race to buy Thames Water, the UK's largest water supplier, as it faces mounting debt and regulatory scrutiny.
UK high street crisis: Hundreds of stores closing
Britain's high streets face another brutal year as major retailers announce widespread closures, job losses, and restructuring plans amid rising costs and changing shopping habits.
Skydance Media Close to Paramount Takeover Deal
Hollywood is abuzz as David Ellison’s Skydance Media edges closer to a landmark deal to acquire Paramount Global, potentially reshaping the entertainment landscape.
Celtics owner buying WNBA’s Connecticut Sun
The owner of the Boston Celtics is finalising a deal to purchase the Connecticut Sun, with plans to relocate the WNBA franchise to Boston, marking a historic shift in women’s basketball.
UK retail sales plummet amid cost-of-living crisis
British retail sales suffer sharpest drop in three years as consumers cut back on non-essentials, with food sales also declining for the first time since 2020.
IAG eyes Aer Lingus takeover in major airline deal
International Airlines Group (IAG), the parent company of British Airways, is reportedly in advanced talks to acquire Irish carrier Aer Lingus, signalling a major consolidation in the aviation sector.
IAG eyes Aer Lingus takeover amid Heathrow expansion
International Airlines Group (IAG), the parent company of British Airways, is reportedly in talks to acquire Aer Lingus, signalling potential expansion at Heathrow Airport. The move could reshape European air travel.
UK retail sales slump sparks calls for government action
Retail sales in the UK have plummeted, prompting calls for Chancellor Jeremy Hunt to intervene. Rising inflation and weak consumer demand continue to squeeze the sector.
FSG eye new football club acquisition
Liverpool's owners, Fenway Sports Group, are reportedly in discussions to acquire a new football club, expanding their sports empire. Get the latest updates on this potential game-changing deal.
Cruise company sold to travel giant in landmark deal
A leading cruise company has been sold to a major travel conglomerate in a multi-million-pound deal, marking a significant milestone for the industry.
Barclays in talks to acquire Tesco Bank
Barclays is reportedly in advanced discussions to purchase Tesco Bank, a move that could reshape the UK retail banking sector. Here's how the potential deal might impact consumers and the financial landscape.
Jeff Bezos eyes CNBC takeover
Amazon founder Jeff Bezos is reportedly considering a bid for CNBC, sparking speculation about the future of financial journalism under a Trump ally.
Walmart shoplifting crisis amid city crime law changes
Retail giant Walmart struggles with surging shoplifting incidents amid controversial city crime laws, raising concerns over safety and profitability.
Exxon blocks Chevron's $53bn Hess oil deal
ExxonMobil and China's CNOOC have filed arbitration claims to block Chevron's $53bn acquisition of Hess, setting the stage for a fierce legal battle over Guyana's lucrative oil fields.
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