Category: M&A

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J Sainsbury and Asda Stores Limited to potentially merg

Shrey Srivastava 30th December 2018   Merger Details: J Sainsbury plc J Sainsbury plc is the holding company for Sainsbury’s, the second largest chain of supermarkets in the UK by market share, currently at 16.9% [1]. It is also comprised of two other segments: Sainsbury’s Bank and Sainsbury’s Argos. Smaller but still significant are the …

BDO to merge with Moore Stephens

Wenqian Zeng 28/11/18   Merger Details: BDO LLP Binder Dijker Otte LLP is an accountancy and business advisory firm offering advisory, audit & assurance, tax services. It is the UK member of BDO Global. There have a wide range of industry specialists including financial services, health care, private equity, public sector, real estate etc to …

Michael Kors’s purchase of Versace: a Pandora’s box

Cong Minh Nguyen 22/11/2018 Michael Kors purchased Versace with $2.12 billion on 25/09/2018, including net-debt. The Wall Street Journal regarded the deal as “a rich one”. This premium price is 117 times more than the Italian luxury fashion house’s 2017 profit of only $17.5 million. There are uncertainties about how the two in this ‘abnormal …