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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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. ... Read More
L Brands in talks to sell Victoria’s Secret to Sycamore Partners
Ohio-based fashion retailer L Brands is in the process of divesting its Victoria’s Secret lingerie brand to private equity company Sycamore Partners, reported CNBC. L ... Read More
Steinhoff to sell UK furniture retailing business to Alteri Investors
European retail sector investor Alteri Investors has agreed to acquire Blue Group, the UK furniture retailing business of South African retail company Steinhoff International, as ... Read More