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related
Profiles
& Notes:

telecoms
bubble

Aust & NZ
telecoms

telco
privatisations

telco
mergers &
acquisitions

IPOs

Private
Equity
Funds

Hedge
Funds

Collectibles,
Prices,
Cultures

     retail, trading and ticketing

This page provides some benchmarks for acquisitions and disposals during the telecommunication booms and busts of the past twenty years.

It covers -

• retail
• trading
• ticketing

     retail

Retail landmarks include -

• BAA sells World Duty Free chain to Autogrill for £545m in 2008
• Carrefour agrees to pay €200m for 250 Spanish discount retailers from Tengelmann in 2007
• Home Depot agrees to sell Home Depot Supply Unit to Bain Capital, Carlyle and Clayton Dubilier & Rice consortium for US$10bn in 2007
• Madison Dearborn Partners agrees to pay US$7.3bn for online computer retailer CDW in 2007
• Apollo Management agrees to buy Claire's Stores for US$3.1bn in 2007
• Dollar General agrees to be acquired by KKR for US$7.3bn in 2007
• Doughty Hanson and Providence Equity partners pay £1.46bn for Caudwell Group (inc Phones4U chain) in 2006
• Wolseley buys Scandinavian DT Group from CVC Capital for £1.35bn in 2006
• Rubicon shoes and fashion group acquired by Iceland-based Mosaic for £353m in 2006
• Federated Department Stores sells Lord & Taylor to Apollo Real Estate Advisers and National Realty & Development Corp for US$1.2bn in 2006
• Investcorp consortium buys FleetPride for US$506m in 2006
• Wal-Mart agrees to sell its South Korean outlets to Shinsegae for US$882m in 2006
• Godfreys sold to a joint venture of Pacific Equity Partners and CCMP Capital Asia for $300m in 2006
• E.Land Group agrees to buy Carrefour's South Korean unit for US$1.9bn in 2006
• Bernard Arnault sells Stroili jewelry chain to Investindustrial (Benetton associate) for US$264m in 2006
• Newbridge Capital consortium buys Myer chain for $900m in 2006
• Bon-Ton Stores agrees to buy Carson Pirie Scott, Herberger's and Bergner's from Saks for US$1.18bn in 2006
• Hudson's Bay Company agrees to be acquired by Jerry Zucker for US$747m in 2006
• Agrium pays US$616m for Royster-Clark in 2006
• US supermarket chain Albertson's acquired for US$9.8bn by consortium (inc Supervalu US$6.3bn and CVS US$2.93bn) in 2006
• Home Depot buys Hughes Supply for $3.2bn in 2006
• Alberto-Culver sells Sally Beauty to Regis Corp for US$2.6bn in 2006
• Seven & I Holdings buys Millennium Retailing for US$1.7bn to create world's fifth-largest retailer in 2005
• KKR buys Toys "R" Us for $US11.3bn in 2005
• Federated Department Stores buys May Department Stores for US$11bn in 2005
• Linens 'n Things Inc acquired by Apollo Management and affiliates for US$1.3bn in 2005
• Wal-Mart takes 53% stake in Seiyu for US$585m capital injection
• Wal-Mart buys Brazilian hypermarkets of Portuguese conglomerate Sonae for US$764m in 2005
• Wal-Mart buys 118 store Bompreco chain in Brazil from Royal Ahold in 2005
• House of Fraser pays £120m for Jenners and Beatties in 2005
• Baugur buys Karen Millen for £120m in 2004
• Morrisons buys Safeway for £3bn in 2004
• Jones Apparel pays US$400m for Barneys in 2004
• Kmart buys Sears, Roebuck for US$11bn in 2004
• Jean Coutu buys Eckerd Drugstores from JC Penney for C$3.3bn in 2003
• Federated Department Stores sells Fingerhut to FAC for US$1.1bn in 2002
• Sears buys Lands End for US$1.9bn in 2002
• Dairy Farm sells 67 Franklins stores to Woolworths for $229m in 2001
• Dairy Farm sells 67 Franklins stores to Foodland for $150m in 2001
• Wal-Mart acquires UK chain Asda for £6.7bn in 2000
• Federated Department Stores buys Fingerhut for US$1.7bn in 1999
• merger of Karstadt and Quelle as KarstadtQuelle AG in 1999
• Sobeys buys Oshawa Group assets for C$1.5bn in 1998
• Loblaw buys Provigo for C$2bn in 1998
• Wal-Mart pays €560m for Interspar in 1998
• Kroger buys Fred Meyer for US$12.9bn in 1998
• Albertson's buys American Stores for US$11.7bn in 1998
• Tesco pays €800m for Quinnsworth in 1997
• Wal-Mart buys Wertkauf in 1997
• Hanson sells Alders for £210m in 1989
• Campeau acquires Federated Department Stores for US$8.2bn in 1989
• Campeau buys Allied Stores for US$4.9bn in 1986
• Hanson buys United Drapery Stores (UDS) for £250m in 1983

     trading

Trading and exchange landmarks include -

• Australian Stock Exchange agrees to buy SFE Corp (futures exchange) for $2.25bn in 2006
• Toyota Tsusho (Toyota Motor affiliate) agrees US$1.5bn acquisition of Tomen Corp in 2006

     ticketing

Services landmarks include -

• 3i sells its NCP car parks business to Macquarie Bank for £790m in 2007
• Cendant agrees to sell its Travelport unit (inc Orbitz and Cheaptickets) to Blackstone Group for US$4.3bn in 2006
• 3i buys NCP car parks business from Cinven for £555m in 2005.

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