Kingfisher and M&S express interest in Homebase sites - report

Marks & Spencer and Kingfisher have reportedly both expressed interest in taking over the sites of several Homebase stores after the DIY retailer fell into administration earlier in November.

According to Sky News, M&S and Kingfisher were said to be among a number of retailers vying for Homebase's nearly 50-location-strong estate.

In addition to M&S and B&Q owner Kingfisher, homewares retailer Home Bargains was also said to be in the mix to acquire a number of locations.

Reporting by Iain Gilbert at Sharecast.com