Dixons, Carphone Warehouse in £3.8bn merger - but why?

Analysts 'sceptical' over deal amid competition concerns and rumours of store closures

Dixons and Carphone Warehouse merger
(Image credit: SHAUN CURRY/AFP/Getty Images)

ELECTRICALS retailer Dixons and mobile phone store Carphone Warehouse have announced that they will become one company in a merger valued at £3.8bn.

Shareholders of each company will split ownership of the new firm, which will be known as Dixons Carphone Plc.

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