Dixons and Carphone Warehouse in Talks to Merge and Create UK Tech Behemoth

By Gary Cutlack on at

High street tablet and washing machine specialist Dixons Group is having talks with mobile expert Carphone Warehouse about a possible merger, with the plan being to create one tech giant with a staggering 2,900 UK branches.

The merger would value the combined chain at around £3.4bn, although in a joint statement both CPW and Dixons said talks are only at the "very preliminary" stage at the moment. [Reuters]