As retailers Carphone Warehouse and Dixons confirmed they were in discussions for a possible merger, reports say analysts have backed the deal as one that would not likely raise significant competition concerns with competition regulators.
The new company would be worth about $5.8 billion, reports say, and operate 1,300 stores across the UK.
While the companies confirmed they are in merger discussions, they have not officially struck a deal. The transaction would combine retail services for mobile and consumer electronics, say reports.
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