Dixons Carphone PLC to operate across 2,900 EU stores
The Carphone Warehouse and Dixons Retail have agreed a £3.7 billion all-share merger, creating a mobile phone and electricals company with around 2,900 stores across Europe.
Read: Carphone Warehouse & Dixons Retail Group to merge
The new firm will be split equally between the firms' existing shareholders.
Carphone Warehouse, Europe's biggest independent mobile phone retailer, and Dixons, Europe's number two electricals retailer, said the new company would be called Dixons Carphone PLC.
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