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Tag: stake

Dr Martens owner among investors bidding for Gymshark stake

// Dr Martens owner Permira joins bidding war for Gymshark stake // Other firms looking to make a bid include Inflexion Private Equity, General Atlantic, TSG Partners & L Cattertonare // Gmshark is understood to be planning a £1 billion valuation via a minority stake sale The private equity owner of Dr Martens has reportedly …

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Flipkart acquires minority stake in Arvind Youth Brands for Rs 260 cr, Retail News, ET Retail

New Delhi: Walmart-owned e-commerce company, Flipkart, has invested Ts 260 crore to buy a minority stake in Arvind Youth Brands, the company said in a statement. Arvind Youth Brands is the recently formed subsidiary of Arvind Fashion and owns the Flying Machine brand. Through this investment, the Flipkart Group and Arvind Fashions will work collaboratively …

Flipkart acquires minority stake in Arvind Youth Brands for Rs 260 cr, Retail News, ET RetailRead More

Future Retail explores, evaluates various opportunities for stake sale

Future Retail, responding to reports of talks to sell a stake in the firm to Reliance Industries Ltd (RIL), on Thursday said it continues to explore and evaluate various opportunities. According to a PTI report: Responding to the BSE over reports, the Future Group firm said no such decision has been taken by the company’s …

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Walmart puts Asda stake sale on hold

Shoppers gather outside an ASDA store from 5.45am on March 19, 2020 in Cardiff, United Kingdom. Matthew Horwood | Getty Images Walmart has paused efforts to sell a majority stake in U.K. grocer Asda, so it can direct full attention to managing the business as the coronavirus pandemic creates massive spikes in demand for groceries, …

Walmart puts Asda stake sale on holdRead More

Infibeam seen in talks to sell minority stake to Fairfax Financial Holdings, Retail News, ET Retail

AHMEDABAD: Infibeam is in talks with Prem Watsa’s Fairfax Financial Holdings to sell a minority stake, a person with direct knowledge of the matter said, even as the local ecommerce firm looks to expand into offline retail.The company is also considering strategic investment in and buyouts of retail chains that are using its platform to …

Infibeam seen in talks to sell minority stake to Fairfax Financial Holdings, Retail News, ET RetailRead More

China’s Ant Financial buys stake in Sweden’s Klarna

Klarna CEO Sebastian Siemiatkowski attends the launch of the online payment start-up’s pop-up store in London. Dave Benett | Getty Images for Klarna Ant Financial, the payment affiliate of Chinese e-commerce giant Alibaba, has invested in Swedish financial technology start-up Klarna as part of a global partnership between the two firms. Klarna said Wednesday that …

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Walmart in talks with possible buyers for Asda stake, Retail News, ET Retail

By : James DaveyLONDON : Walmart, the world’s largest retailer, is in talks with possible buyers of a stake in its British supermarket Asda, which it failed to combine with Sainsbury’s last year. Asda and Walmart said in a joint statement on Wednesday that discussions with “a small number” of suitors followed “inbound interest” but …

Walmart in talks with possible buyers for Asda stake, Retail News, ET RetailRead More

Walmart in talks with possible buyers for Asda stake, Retail News, ET Retail

By : James DaveyLONDON : Walmart, the world’s largest retailer, is in talks with possible buyers of a stake in its British supermarket Asda, which it failed to combine with Sainsbury’s last year. Asda and Walmart said in a joint statement on Wednesday that discussions with “a small number” of suitors followed “inbound interest” but …

Walmart in talks with possible buyers for Asda stake, Retail News, ET RetailRead More

Walmart in talks to sell majority stake in Asda | Business

Walmart is in talks to sell a majority stake in Asda, the UK’s third-largest supermarket chain. The US retailer said it was talking to a “small number of interested parties” about a possible investment in Asda. It is understood to be looking to retain a minority stake in the business, two decades after it moved …

Walmart in talks to sell majority stake in Asda | BusinessRead More

Mike Ashley’s Frasers Group snaps up stake in luxury brand Mulberry | Business

Mike Ashley has bought a 12.5% stake in the luxury British handbag company Mulberry as he seeks to push his retail empire upmarket. Ashley’s Fraser Group announced on Monday that it had bought the stake as a part of a “key strategic priority” to reposition his fashion group towards “premium third-party brands”. Ashley, 55, has …

Mike Ashley’s Frasers Group snaps up stake in luxury brand Mulberry | BusinessRead More