(MENAFN) Carphone Warehouse, Europe's largest independent mobile phone company, and Dixons Retail, Europe's No 2 consumer electronics retailer, yesterday both posted big jumps in earnings ahead of their planned merger later this year, according to Oman Observe
Carphone reported annual earnings up 59 percent, while Dixons' profit increased 76 percent
Last month the two firms agreed an all-share merger to create Dixons Carphone, worth USD6.1 billion at Wednesday's closing prices, seeking to tap-in to an increasing convergence of smartphones and consumer electronics in people's lives.
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