May 15, 2014, 3:54 AM
- U.K. chain stores Carphone Warehouse and Dixons Retail (DSITF) have agreed to merge in a £3.8B ($6.4B) all-stock deal.
- With Carphone being Europe's largest independent mobile-phone retailer and Dixons being the second-biggest electricals chain store on the continent, the deal will create a powerful pan-European player with 2,900 outlets.
- The new company will be called Dixons Carphone, with shareholders of each firm receiving 50% in the new entity. (PR)
DSG international is a holding company. Through its subsidiaries, Co. is engaged in the retail sale of consumer electronics, personal computers, domestic appliances, photographic equipment, communication products and related financial and after-sales services. Co. also undertakes business to... More
Industry: Electronics Stores
Country: United Kingdom
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