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.

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Mobiles to be 'a remote control at centre of life'

The boss of Dixons, who today announced a multi-billion pound merger with Carphone Warehouse, said their vision for the future was a mobile handset that was a remote control "at the centre of our lives."

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