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.
Food & Drug Retailers
4,548.42
15:39 28/11/24
-0.06%
-2.72
FTSE 100
8,279.28
15:40 28/11/24
n/a
n/a
FTSE 350
4,565.20
15:40 28/11/24
n/a
n/a
FTSE All-Share
4,520.42
15:40 28/11/24
n/a
n/a
General Retailers
4,738.27
15:39 28/11/24
-0.18%
-8.77
Kingfisher
251.10p
15:40 28/11/24
0.92%
2.30p
Marks & Spencer Group
385.10p
15:39 28/11/24
0.21%
0.80p
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