Home › Home Retail nears Homebase sale for GBP340m cash
 

Keywords :   


Home Retail nears Homebase sale for GBP340m cash

2016-01-13 23:14:08| Agriculture - Topix.net

Home Retail has confirmed it is in advanced discussions to sell its Homebase arm to Australia's Wesfarmers Limited for A 340m cash, possibly paving the way for suitor Sainsbury's to swoop again for the company's Argos business. Home Retail, which rejected a takeover offer from Sainsbury's in November but remains a target for the grocer, said it had begun discussion with Perth-based Wesfarmers in September and received a firm offer letter in November.

Tags: home sale cash retail

Category:Agriculture and Forestry

Latest from this category

All news
27.11Terminal crossbreeding: A missed opportunity
27.11Feedlot Forum 2025 features Cattle feeding in a changing environment
27.11Smithfield Foods continues support for Mayflower Marathon Holiday Food Drive
27.11Researchers turn to AI to optimize hog selling
27.11H5N1 in pigs: Where are the knowledge gaps?
26.11New swine respiratory disease treatment flexibility from nursery to finish
26.11Panel talks capturing added value in cattle
26.11AMS extends comment period on fed cattle market rule
Agriculture and Forestry »
27.113Q3
27.113DS 52
27.11
27.11Xotic Effects BB+ Plus
27.11
27.11 J. Lindeberg SS /
27.11
27.11DX
More »