Tag: Retail acquisition news

Massmart to sell non-core food assets to rival Shoprite Checkers for $89m

businessnewstoday- August 21, 2021 0

Walmart-owned Massmart has agreed to sell its non-core food assets to rival South African retailer Shoprite Checkers for ZAR 1.360 billion ($89.2 million). The sale ... Read More

Adidas to sell Reebok to Authentic Brands Group in $2.1bn deal

businessnewstoday- August 14, 2021 0

German sportswear manufacturer Adidas has agreed to sell American footwear and clothing brand Reebok to brand management company Authentic Brands Group (ABG) in a deal ... Read More

Levi Strauss to acquire athleisure apparel brand Beyond Yoga

businessnewstoday- August 8, 2021 0

Levi Strauss & Co. (LS&Co.) has agreed to acquire US-based athleisure apparel brand Beyond Yoga for an undisclosed price. The American clothing company said that ... Read More

Couche-Tard to acquire Wilsons Gas Stops and Go! Stores

businessnewstoday- July 31, 2021 0

Alimentation Couche-Tard, a Canadian convenience store company, has agreed to acquire Esso Wilsons Gas Stops and Go! Stores for an undisclosed price. Wilsons Gas Stops ... Read More

V-Mart Retail to acquire Unlimited fashion retail stores from Arvind Fashions

businessnewstoday- July 24, 2021 0

Indian fashion retailer V-Mart Retail Ltd. has agreed to acquire all of the existing operating stores of Unlimited from Arvind Lifestyle Brands Ltd (ALBL), a ... Read More

Hellman & Friedman wraps up $2.8bn acquisition of At Home Group

businessnewstoday- July 23, 2021 0

Hellman & Friedman (H&F) has wrapped up its previously announced $2.8bn acquisition of American furniture store chain At Home Group. With the closing of the ... Read More

Supermarket chain Morrisons accepts £6.3bn offer from Fortress-led group

businessnewstoday- July 4, 2021 0

British supermarket chain Morrison Supermarkets (Morrisons) has accepted a takeover bid of £6.3 billion ($8.7 billion) from a group led by Fortress Investment Group, a ... Read More

Richemont acquires Belgian luxury leather goods manufacturer Delvaux

businessnewstoday- July 1, 2021 0

Swiss luxury goods company Richemont has acquired Delvaux, a Belgian luxury leather goods manufacturer, for an undisclosed price. Founded in 1829, Delvaux is claimed to ... Read More

Aditya Birla Fashion and Retail raises stake in Finesse International Design

businessnewstoday- June 21, 2021 0

Aditya Birla Fashion and Retail Limited said that it has acquired an additional stake of 7.69% in Finesse International Design Private Limited, the owner of ... Read More

Staples proposes to acquire consumer business of ODP for $1bn

Soujanya Ravi- June 19, 2021 0

American office retail company Staples has proposed to acquire the consumer business of ODP Corporation, a provider of business services, products, and digital workplace technology ... Read More