Aug04
Kingfisher sells Italian chain for £440m
on August 4th, 2008 at 12:35 pmPosted In: Chain Stores, News & Articles
Kingfisher, the struggling DIY retailer, has agreed to sell its chain of Italian stores for £440m, a move that will go some way to reducing the business’s considerable borrowings. The company, which owns the B&Q chain in Britain, is selling the Castorama chain of 31 stores to Groupe Adeo, one of its closest rivals in […] ↓ Read the rest of this entry…
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