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UK: Electronic stores headed for merger

By  |  February 24, 2014

Two of the UK’s largest electronics retailers are reportedly in talks to merge, a deal that would create a FTSE 100 conglomerate.

Dixons and Carphone Warehouse have confirmed they are in merger talks but noted they are only in a preliminary phase.

Reports say the merger discussions began with Carphone’s proposal to acquire Dixon wireless phone operations, but escalated to full-takeover talks.

Full Content: Telegraph

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