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Bargainplace.co.uk - Bargain UK Search Engine: "CVC sells Debenhams share stake
Debenhams' two main shareholders have gone their separate ways, with CVC Capital Partners using a £323m placing and open offer to sell a tranche of shares in the department store chain, while fellow private equity group TPG decided to hold on to its investment
15:13
US retailers disappoint as consumers hold back
US retailers suffered a disappointing month of sales in May as shoppers continued to spend conservatively and hunt for bargains
11:09
Arcandor pressed into Metro tie-up talks
Karl-Theodor zu Guttenberg, economics minister, sees a merger between Arcandor and its rival, Metro, an 'interesting path'
10:13
Morrison reports strong start to year
The Bradford-based group, the smallest of Britain's 'big four' supermarket chains, reported an 8.2% rise in like-for-like sales excluding fuel and VAT, well ahead of forecasts."