Mergers And Acquisitions
- BusinessAOL
BHS sold for just £1
Sir Philip Green has sold BHS, reportedly for just £1, 15 years after buying the department store chain for £200 million. The buyer is investment company Retail Acquisitions, which takes control immediately and is aiming to turn the troubled
2-min read - BusinessAOL
Walgreens investors push for earlier takeover of Boots
US drugstore chain Walgreens is believed to be bringing forward its takeover of Boots in an effort to cut its tax bill. Boots was founded by John Boot in Nottingham in 1849, but last year signed a takeover deal with Walgreens, the US'
- BusinessAOL
Sainsburys tipped as takeover target
Sainsburys could be a prime target for a takeover next year, UBS analysts predict, with Qatar's sovereign wealth fund the most likely suitor. The Qatari Investment Authority (QIA) is already the biggest shareholder in the supermarket
- SportAOL
Questions over Man City £150m deal
Manchester City football club is set to announce the richest stadium rights deal in English football history today. Etihad, the Adu-Dhabi government owned airline, is expected to pay between £10-12m a year for 15 years for the rights. But it's
- BusinessAOL
Facebook links with Skype
Facebook las launched a tie-in with Skype so that members can video chat with each other, at an event launched by Skype CEO Tony Bates and his Facebook counterpart Mark Zuckerberg (both
