Retail giant to emerge from merger

%VIRTUAL-SkimlinksPromo%A £3.7 billion merger between Carphone Warehouse and Dixons is set to be unveiled this week in a move creating a retail giant with 1,300 UK stores.

The new company, which will be called Carphone Dixons plc, should enable Currys and PC World owner Dixons to boost its exposure to the burgeoning mobile and smartphone market.