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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. 

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Dixons and Carphone announce merger

2014-05-15 08:25:42| BBC News | Business | UK Edition

Dixons Retail, the owner of Currys and PC World, and mobile phone retailer Carphone Warehouse announce that they are to merge.

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Dixons and Carphone in merger talks

2014-02-24 11:38:07| BBC News | Business | UK Edition

Dixons Retail, the owner of Currys and PC World, and mobile phone retailer Carphone Warehouse say they are in talks over a possible merger.

Tags: talks merger dixons carphone

 

Carphone to operate 60 Samsung stores across Europe

2014-01-29 10:40:00| Telecompaper Headlines

(Telecompaper) Samsung has signed a 'preferred partner' agreement with Carphone Warehouse Group to operate more than 60 Samsung stand-alone stores across Europe. This follows the successful opening of three standalone stores in Spain in 2013, operated by Carphone Warehouse. The new stores will be rolled out in the next three months across seven European markets: UK, Ireland, Germany, Spain, Portugal, Sweden and the Netherlands. They will have a premium look and will sell Samsung's full range of mobiles, tablets, laptops and wearables.

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Carphone to partner Samsung on Europe stores

2014-01-29 10:30:29| Electronics - Topix.net

Carphone Warehouse, Europe's No. 1 independent mobile phone retailer, has signed a deal with Samsung Electronics Co Ltd that will see it operate over 60 Samsung stand-alone stores across the continent, it said on Wednesday.

Tags: partner stores europe samsung

 

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