Deadline extended for Dixons and Carphone Warehouse merger

Dixons and Carphone Warehouse have been given more time to discuss their possible 4bn merger.

Both companies were asked to come to an agreement at 5pm today (March 24th), but the Takeover Panel has now granted their request for an extension to the agreement first aired in February.

The two firms must now announce their plans by no later than 5pm on May 19th.

For more details visit PCR.

About MCV Staff

Check Also

trop [Industry news] Trophy Games Makes Its Largest Acquisition Ever - and Upgrades Its Outlook

[Industry news] Trophy Games Makes Its Largest Acquisition Ever – and Upgrades Its Outlook

The Danish publicly traded computer game company Trophy Games is acquiring the French game developer Playrion from Paradox Interactive. This is the largest acquisition in Trophy Games' history and will form the foundation for a new series of simulation games. At the same time, the company is raising its revenue expectations for the year to €22.8-€24.1 million . With the acquisition of French Playrion, Trophy Games gains 30 new employees and a new foundation for future growth.