Baugur, the Icelandic investment firm, has made an GBP800 million indicative offer for Mosaic Fashions, owner of Oasis, Karen Millen, Coast and Whistles.
New Look, the high street fashion chain, is said to have delivered an 18% rise in sales to more than GBP1 billion for the year to March 2007, according to a report in The Times. Texas Pacific Group, Cinven, KKR, CVC, Warburg Pincus and Blackstone Group are believed to have received the figures as part of their interest in bidding for the group, the report said.
Richard Baker, chief executive of health and beauty retailer Alliance Boots, could receive GBP6.5 million through the exercise of share options if the agreed takeover by private equity group KKR and deputy chairman Stefano Pessina goes through.
Speciality jewellery retailer Signet has reported strong sales growth for the 13 weeks to May 5, 2007. Group like-for-like sales rose 3.1%, with total sales on a reported basis up 10.9% to $814.3 million. At constant exchange rates, sales grew by 8.1%.
US pharmacy group CVS/Caremark Corporation has recorded a 24.1% rise in net earnings during the first quarter to $408.9 million, or $0.43 per share, compared with earnings of $329.6 million, or $0.39 per share, in the first quarter of 2006.
New Look, the high street fashion chain, is said to have delivered an 18% rise in sales to more than GBP1 billion for the year to March 2007, according to a report in The Times. Texas Pacific Group, Cinven, KKR, CVC, Warburg Pincus and Blackstone Group are believed to have received the figures as part of their interest in bidding for the group, the report said.
Richard Baker, chief executive of health and beauty retailer Alliance Boots, could receive GBP6.5 million through the exercise of share options if the agreed takeover by private equity group KKR and deputy chairman Stefano Pessina goes through.
Speciality jewellery retailer Signet has reported strong sales growth for the 13 weeks to May 5, 2007. Group like-for-like sales rose 3.1%, with total sales on a reported basis up 10.9% to $814.3 million. At constant exchange rates, sales grew by 8.1%.
US pharmacy group CVS/Caremark Corporation has recorded a 24.1% rise in net earnings during the first quarter to $408.9 million, or $0.43 per share, compared with earnings of $329.6 million, or $0.39 per share, in the first quarter of 2006.
