Mon, 23/05/2011 - 09:40
The takeover of Waterstone's by Alexander Mamut is cause for celebration among the publishing industry, Faber c.e.o. Stephen Page has said.
In one of several weekend press reports about Friday's purchase of the chain,...
Fri, 20/05/2011 - 12:00
Publishers, writers, agents and trade bodies have responded with relief to today’s news of the acquisition of Waterstone’s by Alexander Mamut’s A&NN Group, welcoming the surprise arrival of James Daunt as the retail chain’s new m.d. though also expressing regret at the departure of Dominic Myers.
Fri, 20/05/2011 - 11:12
So, the deal is done, and with it much of the uncertainty that has clouded Waterstone's for months is ended at a stroke.
The 4,500 people who work at Waterstone's will be the most relieved that this awkward and unsettling sale period as now at an end. For Waterstone's as an entity, an escape from the gradually...
Fri, 20/05/2011 - 09:51
It's good to know the book trade still has the capacity to surprise us.
While Alexander Mamut's takeover of Waterstone's has been inevitable for several months, I don't think anybody expected James Daunt to be installed as the man at the top, particularly as he told the Independent...
Fri, 20/05/2011 - 08:50
Waterstone's has been sold to Alexander Mamut's A&NN Group for £53m.
In a surprise move, James Daunt will run the bookseller as its managing director when the deal completes, with current m.d. Dominic Myers to take a new role within its former parent HMV Group. The new owner has promised "an undiluted commitment...
Wed, 18/05/2011 - 09:33
Dominic Myers has called on the book industry to collaborate in creating more nationwide events like World Book Night in order to enhance the dialogue around books. The Waterstone's m.d told the Book Industry Conference forum yesterday (17th May) that book sales were increasingly being driven by events and appealed to different sectors of...
Mon, 16/05/2011 - 09:10
Bidders for Waterstone's have a reported two weeks to express a formal interest in the chain, as parent HMV Group said it was in "advanced discussions" over a sale.
The Mail on Sunday ...
Fri, 13/05/2011 - 18:25
HMV has confirmed that it is in "advanced discussions regarding a potential sale of Waterstone's". The announcement, made late on Friday, follows a day of increased speculation with reports that Russian investor Alexander Mamut had raised his offer to £43m in cash, and that various private equity groups were circling the...
Fri, 13/05/2011 - 08:35
HMV is considering a number of options for Waterstone's as talks with Russian billionaire Alexander Mamut have reportedly hit the buffers.
Up to 10 potential bidders have expressed interest in the beleagured book chain, one of which may be Change Capital Partners, an investment firm which specialises in buying retailers and...
Mon, 09/05/2011 - 15:30
Transworld has acquired three historical crime novels by Andrew Swanston, former Waterstone's director and chairman of Methven's.
Assistant editor Emma Buckley bought world rights in the trilogy directly from the author. The first of the three novels, The King's Spy, is set in the 17th century, and follows...