The Swedish investment group Kinnevik is dividing its shares in Zalando among its own shareholders. Thus, the fashion platform loses its largest shareholder, accounting for 21 per cent, but at the same time gains a lot of new shareholders.
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Beisheim and Meridian, two major shareholders of Metro, have increased their stakes in the German group to just over 23 %. They also want to buy more shares in the future - possibly hoping to frustrate rival stakeholder Daniel Kretinsky?
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Next year, Belgo-Dutch retailer Ahold Delhaize intends to buy back another one billion euros of its own shares. This means that the supermarket group will continue its long-standing tradition for at least another year.
EP Global Commerce, the investment company of Daniel Kretinsky and Patrik Tkac, is increasing its stake in the German Metro group to just under 30 %. The Czech businessman will therefore become its largest shareholder.
Rocket Internet is going to sell its complete remaining stake in HelloFresh. Earlier this year, the Germans had already sold a part of the meal box delivery company.
French luxury group Kering will get rid of 70 % of German sports brand Puma’s shares and wants to turn its attention to its luxury brands. Puma does not fit into that category.
Ahold Delhaize has bought back 10.6 million euros’ worth of shares between 27 and 29 December 2017, the last phase of a billion euro buyback operation. The next operation will be twice as large, worth 2 billion euro.
Stock exchange analysts are a fan of European supermarket chains again. The fear for Amazon is an exaggeration and the food industry has received too much negativity, according to fund managers’ forecast of 2018.
Intergamma’s issues with CRH’s shares still have not been resolved and it seems the dispute with French shareholder Bricorama has now boiled over. The latter even wants the Chamber of Commerce to intervene.
A raid on Metro’s German main office took place recently, as part of an insider trading and market manipulation investigation. Metro says it is fully cooperating with the investigation.
Irish group CRH, which owns nearly 50 % of DIY Intergamma’s shares, wants to sell those shares, but the other shareholders cannot find an appropriate solution.
Those who thought Amazon’s growth would slow down, were wrong: the company is now worth more than 500 billion dollars. The Amazon effect is even troubling other retailers and investors. How should they react?
Ceconomy, Metro Group’s former consumer electronics division containing Media Markt and Saturn, acquired 24.3 % of Fnac Darty’s shares from the Pinault family.
Stefan Persson, Swedish H&M Group’s chairman, has increased his stake in the company, giving the founding family a 40 % share and consolidating its power even more.
German brothers Samwer have sold almost half of the shares their investment firm, Global Founders, still holds in Zalando. The brothers’ share in the German online fashion retailers is now less than 5 %.
Takeaway.com, Thuisbezorgd.nl and pizza.be's parent company, will head to the Amsterdam stock exchange with the primary goal is attract about 175 million euro.