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
4,547.05
15:20 28/11/24
-0.09%
-4.09
FTSE 100
8,278.27
15:20 28/11/24
n/a
n/a
FTSE 350
4,564.74
15:20 28/11/24
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FTSE All-Share
4,519.96
15:20 28/11/24
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General Retailers
4,740.02
15:19 28/11/24
-0.15%
-7.02
Kingfisher
250.90p
15:20 28/11/24
0.84%
2.10p
Marks & Spencer Group
384.30p
15:20 28/11/24
0.00%
0.00p
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