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May 25, 2018 · Wesfarmers acquired Homebase in 2016. “The investment has been disappointing, with the problems arising from poor execution post-acquisition being compounded by a deterioration in the macro...
Jan 18, 2016 · Wesfarmers, the Australian retail-to-coal mining conglomerate, is to acquire British DIY chain Homebase for A$705m (£340m). It emerged last week that Wesfarmers had made an offer for the 265 ...
Feb 27, 2024 · Homebase, the DIY and garden chain, could soon change hands once again as talks with several potential buyers, including The Range and B&M European Value Retail, have emerged. Hilco Capital, which acquired Homebase for £1 in 2018, is reportedly exploring discussions with various parties regarding the sale of the brand name, intellectual property, and its 170 stores across the UK and Ireland.
Feb 27, 2024 · 27th February 2024. Homebase is up for sale for the second time within four years, with potential buyers such as B&M and The Range already sounded out on a deal. Restructuring company Hilco ...
Jan 18, 2016 · Home Retail Group today confirmed its plans to sell Homebase for £340m, in a move that will enable it to focus on transforming Argos into a digital retail leader. The sale of £1.5bn turnover Homebase , which trades online and through 265 stores and is a Leading IRUKTop500 retailer, to Bunnings, a subsidiary of Australian group Wesfarmers, is ...
Apr 10, 2021 · Homebase: One of UK's wealthiest businessmen plans £300m bid for DIY chain. Hugh Osmond is among the bidders in talks to acquire one of Britain's biggest DIY retailers, Sky News learns.
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May 25, 2018 · Newscast. The Australian owner of Homebase has sold the DIY chain for £1, ending its disastrous foray into the UK. Wesfarmers paid £340m for the retailer two years ago, but losses and other ...
