5 September 2013 Last updated at 02:32 ET
Dixons owns Currys and PC World in the UK
Dixons Retail has received an offer for loss-making online retailer Pixmania.
The company said German industrial group Mutares had agreed to buy the firm. Under the offer, Dixons will provide 69m euros to support Pixmania.
Pixmania lost £31m in the financial year ending 30 April 2013. Dixons also paid a hefty one-off charge to reorganise the business.
Dixons also reported 2% rise in first-quarter sales on a like-for-like basis, which strips out sales in new stores.
Source: BBC News - Business http://www.bbc.co.uk/news/business-23968854#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
