Deals
Dixons’s Carphone Union Gets Rough Reception as Shares Slide
This article is for subscribers only.
Smartphones and refrigerators just got connected.
Dixons Retail Plc, whose Currys chain sells everything from tablets to vacuum cleaners, agreed to an all-share merger of equals with Carphone Warehouse Group Plc, a deal they say will enable them to capitalize on the growth of Internet-enabled devices, such as washing machines controlled from your phone.