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Carphone Warehouse, Dixons agree all-stock merger

2014-05-15 08:53:00| Telecompaper Headlines

(Telecompaper) UK retailers Carphone Warehouse and Dixons have reached agreement on an all-share merger, giving each 50 percent in the new company Dixons Carphone. Dixons shareholders will receive 0.155 shares in the new company for each share of Dixons they hold. The two companies, which first announced the merger talks in late February, said they expect at least GBP 80 million in annual synergies from the integration of their operations. Half of this should be achieved by fiscal year 2015/16 and the total by 2017/18. Carphone chairman Charles Dunstone will continue as chairman of the new group, and Dixons' Sebastion James will stay on as CEO. Andrew Harrison, CEO of Carphone, will become deputy CEO, and Humphrey Singer, CFO of Dixons, will become CFO. Completion of the merger remains subject to shareholder and regulatory approval. 

Tags: agree warehouse merger dixons

 

Comcast buys Time Warner Cable in $45.2 billion all-stock deal

2014-02-13 13:52:44| InfoWorld: Top News

Comcast will acquire Time Warner Cable in a $45.2 billion all-stock deal, the companies said Thursday.

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WP Carey buying Corporate Property Associates 16 in all-stock deal valued at about $4 billion

2013-07-26 14:33:25| Real Estate - Topix.net

Real estate investment trust W.P. Carey Inc. is buying Corporate Property Associates 16 - Global Inc. in an all-stock deal valued at about $4 billion.

Tags: property corporate deal associates

 

Spartan Stores buying Nash Finch in all-stock deal valued at approximately $312 million

2013-07-22 17:06:33| Food - Topix.net

Food distributor Spartan Stores Inc. is buying Nash Finch Co., a major grocery distributor to military commissaries, in an all-stock deal valued at approximately $312 million in a move that will expand its distribution area.

Tags: stores million deal approximately

 

Spartan Stores buying Nash Finch in all-stock deal valued at approximately $312 million

2013-07-22 17:06:25| Grocery - Topix.net

Food distributor Spartan Stores Inc. is buying Nash Finch Co., a major grocery distributor to military commissaries, in an all-stock deal valued at approximately $312 million in a move that will expand its distribution area.

Tags: stores million deal approximately

 

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