Flash Report | August 1, 2017 Register for Free Access Walmart and JD.com Expand Strategic Partnership in ChinaWalmart and JD.com, China’s largest e-commerce company by revenues, announced that they are expanding the strategic partnership formed last year by further integrating their respective platforms, supply chains and customer resources. Read More
Event Presentation | June 20, 2017 Premium Global Retail Revolution Brings Threats as well as OpportunitiesM&A chatter: • Nordstrom announced it is exploring a “going private” transaction (June 8, company press release) • American Eagle Outfitters is reported to be bidding for Abercrombie & Fitch with private equity firm Cerberus Capital Management (May 25, Reuters.com) • Deckers Brands announced that it is reviewing strategic alternatives (April 25, company press release) • The parent company of Jimmy Choo announced that it is reviewing strategic alternatives for the shoe brand (April 25, Bloomberg.com) • BJ’s Wholesale Club put itself up for sale in April (April 14, New York Post) Read More
Flash Report | June 20, 2017 Register for Free Access Amazon to Acquire Whole Foods Market for $13.7 Billion in CashAmazon announced the signing of a definitive agreement to acquire Whole Foods Market, including the company’s net debt, for $13.7 billion in cash. The transaction is expected to close in the second half of 2017. Read More
Flash Report | June 19, 2017 Register for Free Access Walmart to Acquire Bonobos for $310 Million in CashWalmart announced the signing of an agreement to acquire Bonobos, Inc., a leading apparel brand built on the Internet, for $310 million in cash. Read More
Flash Report | June 9, 2017 Register for Free Access Nordstrom Announces Exploration of “Going Private” TransactionNordstrom announced today that members of the Nordstrom family and Anne Gittinger have formed a group to explore the possibility of pursuing a “going private” transaction that would acquire 100% of the outstanding shares of the company. Read More
Flash Report | May 9, 2017 Register for Free Access Coach to Acquire Kate Spade for $2.4 BillionCoach announced on Monday, May 8, that it has signed a definitive agreement to acquire Kate Spade for $2.4 billion in an all-cash transaction. The transaction is equal to $18.50 per share, a 27.5% premium to the unaffected closing price of Kate Spade shares on December 27, 2016. Read More
Deep Dive | May 1, 2017 Premium Deep Dive: Active M&A in the Beauty Space Fuels Future GrowthMany global beauty companies have chosen to focus on acquisitions as a key strategy to drive growth. As a result, we have seen a steady rise in merger and acquisition (M&A) activity since 2013. In 2016, there were 91 beauty industry deals announced globally, up 25% from 75 deals in 2013. Read More
Flash Report | February 1, 2017 Register for Free Access Alibaba’s Ant Financial to Acquire US Payment Service MoneyGram for $880 Million in CashOn January 26, Ant Financial and MoneyGram announced that privately held Ant Financial would acquire publicly traded MoneyGram (MGI) for $13.25 per share, representing a total deal value of about $880 million. The deal is expected to close in the second half of 2017. Read More
Flash Report | January 30, 2017 Register for Free Access Tesco-Booker Merger: Uniting Food Retail and WholesaleTesco, the UK’s biggest grocery retailer, and Booker, the UK’s largest cash-and-carry wholesale supplier, have announced an agreement to merge. The transaction values Booker, the smaller of the parties, at £3.7 billion. Read More
Flash Report | January 19, 2017 Register for Free Access Baidu Appoints Microsoft Veteran Qi Lu as Group President and COOaidu has appointed former Microsoft executive Dr. Qi Lu to be its Group President and COO, and to oversee the Chinese search giant’s business, with immediate effect. Read More
Flash Report | December 15, 2016 Register for Free Access Boohoo.com (LSE: BOO) Boohoo.com Raises FY17 Revenue Guidance and Acquires PrettyLittleThingBoohoo.com announced a trading update and the acquisition of PrettyLittleThing, a smaller, fast-growing, online fashion pure play. Read More
Company Earnings Update | October 21, 2016 Register for Free Access Walgreens (WBA) 4Q16 Results: EPS Beats Consensus, Rite Aid Merger ExtendedWalgreens reported fiscal 4Q16 adjusted EPS of $1.07, ahead of the $0.99 consensus estimate. Reported revenues were $28.64 billion, up 0.4% year over year and below the consensus estimate of $29.11 billion. Read More
Flash Report | October 11, 2016 Register for Free Access Samsung Joins the AI Race with Acquisition of Viv, an AI Assistant Platform DeveloperSamsung Electronics has acquired Viv Labs, a US-based startup that has developed an open artificial intelligence (AI) assistant platform. The startup was co-founded by the creators of Siri. Read More
Flash Report | October 10, 2016 Register for Free Access Chico’s FAS (CHS) Appoints Diane Ellis as President of the Chico’s BrandChico’s FAS has named Diane Ellis President of the Chico’s brand, effective November 1, 2016. Read More
Flash Report | October 7, 2016 Register for Free Access Walgreens Boots Alliance Displaces CVS from Tricare Pharmacy NetworkWalgreens Boots Alliance (WBA) will replace CVS as the in-network pharmacy for Tricare, the healthcare program of the US Department of Defense Military Health System. Read More
