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WOOLWORTHS ACQUISITION
New Zealand Commerce Commission green lights Woolworths' acquisition of Beak & JohnstonThe Commerce Commission approved Woolworths' acquisition of Beak & Johnston. The deal is unlikely to reduce competition in New Zealand mark...- Australia shares close flat as financials negate losses in retailersThe S&P/ASX 200 index settled 0.01 per cent lower at 7,378.40, clawing back from a 0.5 per cent fall in early trade.
- Woolworths CEO beats back surgery to lead acquisitionWoolworths CEO Ian Moir also had to fend off billionaire Solomon Lew from derailing the deal with David Jones.
- Tata Sons' Infiniti Retail buys Woolworths Wholesale India for Rs 200 crorePost the completion of the transaction, Tata Sons subsidiary Infiniti Retail, which operates the Croma retail chain will merge Woolworths W...
- Sequoia Cap, Norwest Venture invest in start-upsIn December, Mu Sigma, another data analytics firm, raised $108 million ( 580 crore) from General Atlantic and Sequoia Capital.
- Norwest Venture Partners invests $ 15 million in Manthan SystemsIT company Manthan Systems today said it has secured $ 15 million investment from the US-based Norwest Venture Partners.
- Indian advertising seems to represent a great mix of international sensibility: Ben Lilley, McCann Erickson AustraliaMcCann Worldgroup Australia has recently announced the acquisition of SMART, one of the largest independent ad agencies in Australia and Ne...
- M&As to fall in ’09 as govt forced deals dominateForced sales demanded by creditors and government-brokered transactions may provide the only consolation for bankers in what promises to be...
- Reliance Retail's JV with UK logistics co Wincanton falls throughDeal was shelved after Wincanton realised that RRL was unlikely to meet its initial growth projections and generate expected volumes, sourc...
- Noel Tata's Trent loses bid for books chain BordersFor more than 7 months, the Tata firm competed with a range of firms' right through to the final stage where they were among the final thre...
- Morarjee Textiles plans Rs 150-cr capexAshok Piramal group company Morarjee Textiles is looking at expanding aggressively through brownfield as well as the greenfield route.
- Morarjee Textiles plans Rs 150 cr capexAshok Piramal group company Morarjee Textiles is looking at expanding aggressively through brownfield as well as greenfield route.
- Durable retailers target smaller formatsIn a bid to ramp up revenue growth and stores growth, national durable retail chains like Croma, a Tata-Woolworth joint venture and Next, l...
- Viveks in talks to offload 25% stake to private equity cosChennai-based consumer durable retailer Viveks is in talks with three private equity players to offload 25% equity. The company hopes to ra...
- Tatas plan mega foray into durables retail bizAfter Reliance Retail, Videocon and Pantaloon, the Tata Group is doing an encore. Following its tie-up with the UK-based retail major Woolw...
- Aussie retailer Coles Myer rejects $17 bn offerColes Myer, Australia’s second-largest retailer, rejected a $17 bn offer from buyout firms led by Kohlberg Kravis Roberts as too low.
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