Tag: Retail acquisition news

Arkhouse Management proposes enhanced all-cash offer for Macy’s at $24 per share

businessnewstoday- March 4, 2024

In a notable development in the retail and investment sector, Arkhouse Management Co. LP, in collaboration with its partner Brigade Capital Management, has made a ... Read More

Motor Fuel Group to acquire 337 Morrisons petrol forecourts in £2.5bn deal

businessnewstoday- January 31, 2024

Motor Fuel Group (MFG), in a landmark agreement, has acquired 337 Morrisons petrol forecourts, including fuel, convenience retail kiosks, and ancillary services, across the UK. ... Read More

Sunoco to sell 204 convenience stores to 7-Eleven for $1bn; to acquire European liquid fuels terminals

businessnewstoday- January 14, 2024

Sunoco LP (NYSE: SUN) announced two major business moves: the sale of 204 convenience stores to 7-Eleven, Inc. for approximately $1 billion, and the intended ... Read More

Tata Consumer Products to snap up Organic India to expand health and wellness portfolio

businessnewstoday- January 13, 2024

In a significant move to expand its portfolio in the fast-growing health and wellness sector, Tata Consumer Products has announced the definitive acquisition of up ... Read More

Chico’s FAS acquired by Sycamore Partners in $1bn all-cash deal

businessnewstoday- January 7, 2024

Chico's FAS, Inc., a prominent name in the fashion retail industry, announced the completion of its acquisition by Sycamore Partners, a private equity firm known ... Read More

KnitWell Group acquires Chico’s, White House Black Market, and Soma

businessnewstoday- January 7, 2024

KnitWell Group, comprising iconic apparel brands Ann Taylor, LOFT, and Talbots, has announced the acquisition of Chico's, White House Black Market, and Soma, further expanding ... Read More

TotalEnergies finalizes €3.1bn service stations deal with Couche-Tard

businessnewstoday- January 7, 2024

TotalEnergies has finalized its agreements with Alimentation Couche-Tard, a milestone transaction valued at €3.1 billion. The deal, which involved TotalEnergies' retail networks in Germany, the ... Read More

RaceTrac wraps up acquisition of Gulf Oil to expand fuel retail presence

businessnewstoday- December 14, 2023

RaceTrac, Inc., a family-owned leader in the convenience store industry, has officially completed the acquisition of Gulf Oil, LLC, a move that was previously announced ... Read More

ACCC grants conditional approval to Woolworths’ acquisition of controlling stake in Petstock

businessnewstoday- December 14, 2023

The Australian Competition and Consumer Commission (ACCC) has accepted a crucial undertaking from Petstock Pty Ltd (Petstock), entailing the divestiture of a package of assets, ... Read More

Currys Plc confirms sale of Greek subsidiary Kotsovolos to PPC for €200m

businessnewstoday- November 5, 2023

In a significant move that streamlines its operations, British electrical and telecommunications giant Currys Plc has finalized the sale of its Greek and Cyprus retail ... Read More