Dixons, the owner of Currys and PC World, and mobile phone retailer Carphone Warehouse have announced they are to merge in a £3.8bn deal.
The new firm will be known as Dixons Carphone, with ownership to be split equally between the two firms’ existing shareholders.

Dixons operates more than 500 Currys and PC World stores in the UK and Ireland, with 28 of them in Cheshire.

The two firms announced in February that they were in talks about a possible merger.