August 29, 2014

Dixons and Carphone Warehouse merger talk sparks share rise

Confirmation of a possible Dixons and Carphone Warehouse merger sent shares in the respective companies up significantly on Monday. Carphone Warehouse shares saw an 8.82pc gain while Dixons saw a 6.66pc gain.

In a statement issued to the London Stock Exchange, the companies confirmed that boards from both companies are in ‘preliminary discussions’ regarding a possible merger and there can be no certainty that a transaction is forthcoming.

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