News and analysis on global M&A and corporate financing strategies

Finance / United States

Best Buy Acquires A Toehold In Europe

May 2008 | M&A Analysis
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US big-box retailer Best Buy is making a foray into Europe. The company agreed on May 7 to buy half of UK mobile phone and telecom company Carphone Warehouse's retail business, for GBP1.1bn (US$2.2bn).