Dixons and Carphone Warehouse in £3.7bn merger
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.
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.
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.
More top news
-
Brexit Bill clears Parliament after May heads off backbench revolt
Lords clear the EU Withdrawal Bill after MPs voted down amendment allowing Commons to block a ‘no deal’ Brexit.
-
Lorry driver’s son took wheel of bank during Celtic Tiger years
David Drumm’s barrister highlighted his client’s ‘humble’ start to life.
-
UK playing game of chicken over Irish border, claims Sinn Fein
SF’s Mary Lou McDonald said the British want to leapfrog the Irish question to pursue their own interests.