Monday 24 February 2014

Carphone Warehouse and Dixons merger talks scoop confirmed on RNS

Fantastic news! Dixons and Carphone Warehouse have confirmed my scoop from earlier this morning about their merger talks on the regulatory news service.
I have pasted the most important parts of the announcement below:

Dixons Retail plc ("Dixons") and Carphone Warehouse plc ("Carphone Warehouse")
Statement regarding possible merger of Dixons and Carphone Warehouse
The Boards of Dixons and Carphone Warehouse note the recent speculation and confirm that the two companies are in preliminary discussions regarding a possible merger of Dixons and Carphone Warehouse.
These discussions are at a very preliminary stage and there can be no certainty that a transaction will be forthcoming. 
No decision has been reached regarding the structuring of any such merger.  Accordingly until further notice, for the purposes of the Code, both Dixons and Carphone Warehouse will be treated as offeree companies. 

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