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Tag: Business

Boohoo crisis: Fashion giant rebrands as Debenhams amid financial meltdown

Boohoo ditches its name after a 21% sales slump, hoping Debenhams’ legacy can save it from collapse.

Nationwide hands out £50 to 12 million customers after Virgin Money takeover

Nationwide will pay £50 to 12 million customers after its virgin money takeover, costing £600m.

Saxo Bank sold! Swiss giant J. Safra Sarasin snatches 70% stake in shocking takeover

Swiss banking powerhouse J. Safra Sarasin has taken over Saxo Bank in a dramatic 70% acquisition.

WH Smith’s high street stores face the axe—only two buyers left in brutal takeover battle

WH Smith’s historic high street chain is on the brink as buyers weigh drastic closure plans.

Boots faces uncertain future as private equity takeover sparks fears of job cuts

Boots’ parent company has been sold in a $23.7bn deal, leaving 1,800 UK stores facing uncertainty.
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