Another mega pharma merger has been struck and more potential deals are looming, of which we will most certainly hear more as the year progresses. Africa is to remain the fastest growing global beer market, Poland considers new tax rules for retailers and in India as well as in Australia, top managers are vacating their hot seats. Enjoy the read of updates from around the retail world and feel free to share them.
asia & Australia
Flipkart's quid pro quo The Indian etailer offers its major sellers priority on their platform if they move into the company's warehouses, previously occupied by its former topseller WS Retail.
Placing bids Another bidder has entered the scene of the sale of beer brands Peroni and Grolsch - Japanese Asahi is expected to make an offer around GBP 2.34 billion later this week +++ British supermarket Sainsbury's is expected to raise its bid for Home Retail Group.
Amazon to tweak logistics business The online giant is expected to soon acquire the remaining 75% stake, it does not already own, of French package delivery company Colis Privé - a move which might shake up the shipping business.
Kohl's explores options The department store chain, whose shares have fallen 37% in the last year, may hire an investment bank for advise. The company's directors are reportedly considering the option of going private +++ The reported takeover bid for American Apparel has reached US$ 300 million.
A store on many corners Fuel and convenience retailer CST Brands, which operates nearly 2,000 units under the Corner Store banner in the Southwestern US and Eastern Canada, plans to grow through new store construction and acquisitions.
Cheers for beers According to an analysis by Canadean, the African beer market is expected to grow by 5% until 2020, making it the most rapidly growing beer market between 2015 and 2020.