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Carphone Warehouse and Dixons extend merger talks deadline

Carphone Warehouse and Dixons have announced that the Takeover Panel has agreed to their request to extend today’s deadline regarding their potential merger.

GENERAL MERCHANDISE

Carphone Warehouse and Dixons extend merger talks deadline

Having announced on 24 February that talks were at a very preliminary stage, the two retailers have agreed that they require more time to discuss the issue.

As a result of the extension, they now have until 5pm on 19 May to decide whether or not to merge the two businesses.

In statement issued today Dixons and Carphone Warehouse said: “Discussions are still ongoing and there can be no certainty that a firm offer will be made.”

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