skip to main content
Find Insight DIY on
* * *

UK DIY News

B&Q interested in up to 30 Focus stores

B&Q retailer Kingfisher fell 4.9p to 244.6p on scrappy selling ahead of next Thursday's third-quarter trading statement. Broker Exane BNP Paribas says the valuation looks attractive as the group could possibly purchase some stores from Focus DIY, which is currently burdened by £230million in loans and is potentially for sale. Around 30 stores could interest B&Q, which still has gaps in its coverage of the British market.

Source : Geoff Foster - Mail online

26 November 2010
view more UK DIY News
*

I find the news and articles they publish really useful and enjoy reading their views and commentary on the industry. It's the only source of quality, reliable information on our major customers and it's used regularly by myself and my team.

*
Simon Fleet - Sales & Marketing Director, Thomas Dudley Ltd
Newsletters

Don't miss out on all the latest, breaking news from the DIY industry