ACCC delays announcement on A&R Borders bid
The Australian Competition and Consumer Commission (ACCC) has postponed its decision on the proposed bid for Borders' Australian stores by Angus & Robertson.The ACCC was due to release its findings...
NZ booktrade wary of Whitcoull’s Borders bid
According to an article published in Christchurch's The Press newspaper, 'there is precious little rejoicing going on at news that Whitcoull's is seeking to take over the Borders chain in...
ACCC calls for more information on A&R’s Borders bid
As reported in a WBN Special Bulletin last week, the Australian Competition and Consumer Commission (ACCC) has called for further submissions before it makes a recommendation on the bid for...
ACCC calls for more information on A&R’s Borders bid
The Australian Competition and Consumer Commission (ACCC) has called for further submissions before it makes a recommendation on the bid for Borders' Australian stores by Angus & Robertson.The ACCC has...
Borders opens new stores in Australia and NZ; sale not yet confirmed
Borders is continuing to open new stores in Australia and New Zealand, despite the ongoing sale process.Last week saw the opening of a store in Albany, north of Auckland, the...
ARW gets NZ go-ahead for Borders bid
The New Zealand Commerce Commission has cleared Angus & Robertson/Whitcoull's Group Holdings (ARW) to acquire 100% of the shares in Borders NZ.Commission chair Paula Rebstock said the Commission was satisfied...
PEP left as front-runner for Borders as Dymocks withdraws bid
According to a Reuters news story, Dymocks has withdrawn its bid for the 24 Borders stores in Australia and New Zealand, seemingly leaving a ‘final' bid by Angus & Robertson/Whitcoulls...
ACCC examines Borders bids
The Australian Competition and Consumer Commission (ACCC) has announced an ‘informal review' into proposed bids for Borders by Angus & Robertson and by Dymocks.The ACCC is currently considering the proposed...
Borders wins young retailer of the year award for second year
Lina Karpinsky, marketing coordinator for the Borders bookselling chain, was named the Australian Retailers Association's Young Retailer of the Year within the corporate category for 2007. Karpinsky, who manages local store marketing for...
PEP launches bid for Borders
Pacific Equity Partners, the private equity owners of Angus & Robertson in Australia and Whitcoull's in New Zealand, has lodged an ‘indicative bid' for the 24 Borders stores in both countries,...
Berkelouw Books bidding for Borders?
The Berkelouw Books chain has ‘emerged as a strong contender' to buy the Australasian operations of the Borders bookselling chain, according to a report in the Sydney Morning Herald. The...
Will Dymocks bid for Borders?
Dymocks may be preparing a bid for the 24 Australian and New Zealand Borders stores, according to a report published in the Sydney Morning Herald. The newspaper story values Borders at...
HP7 ‘biggest-selling single book ever’
With the global release of Harry Potter and the Deathly Hallows now successfully achieved, it seems clear the book is breaking sales records around the world, although Australia will have...
‘Strong interest’ in Borders from trade and private equity
KPMG, sale advisors to the Borders bookselling chain, have reported ‘strong interest' in the chain's Australian and New Zealand operations from trade and private equity firms, according to a Reuters...
Westfield outlines Stage 2 for Sydney CBD redevelopment
The Westfield Group has lodged its Stage 2 Development Application with the City of Sydney, for the redevelopment of its Centrepoint, Imperial Arcade and Skygarden properties in Sydney's CBD. The...
Borders’ strategic review ‘progressing’
Borders has announced that its ‘review of strategic alternatives' for its Australia and New Zealand business is ‘progressing as planned', with KPMG Corporate Finance preparing an information memorandum that is...
Borders unlocks HP7 ‘gold’
Borders has announced its Australian pre-order sales for the final Harry Potter instalment are currently five times that of the sixth book in the series. ‘We've been gearing up for...
PEP taking a ‘close look’ at Borders
Private equity company Pacific Equity Partners (PEP), the owner of Angus & Roberston in Australia and Whitcoulls in New Zealand, is reportedly ‘closely looking at a deal' to buy the...
This week’s HP news: Unleash to give away up to 3000 copies; Borders’ exclusive tie-ins; Cullen’s letter
Unleash Books has announced that it will give away up to 3000 free copies of Harry Potter and the Deathly Hallows on its release day, 21 July, to ‘reward our...
Suitors look at Borders as all ANZ stores put up for sale
Following last week's shock announcement by Borders that its Australian and New Zealand stores were up for sale, speculation on likely suitors has begun.Don Grover, CEO of Dymocks Booksellers, told WBN...