Wesfarmers

How Wesfarmers’ takeover strategy almost sent Homebase ‘down under’

There are few home comforts for Homebase right now. The DIY chain confirmed on August 31 that it will close…

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Homebase ‘very likely’ to enter administration if CVA isn’t passed

The future of Homebase is to be decided today as creditors vote on a CVA which would see the closure…

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Amazon ‘aggressive bidders’ for empty Homebase stores

Retail giant Amazon is looking to purchase empty Homebase stores from new owner Hilco in order to help increase its…

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42 Homebase stores to face the axe

DIY retailer Homebase has announced the closure of 42 stores, resulting in around 1,500 redundancies. The DIY chain has already…

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80 Homebase stores to shutter affecting 1,000 jobs

Homebase will announce the closure of 80 stores next week resulting in the loss of 1,000 jobs. The DIY chain…

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Homebase to axe 303 head office jobs

Embattled DIY retailer Homebase will restructure operations at its store support centre in Milton Keynes, resulting in the loss of…

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Homebase sold for £1 putting 11,000 jobs at risk

Australian retail group Wesfarmers has sold Homebase to HMV owner Hilco Capital for a token £1. Hilco specialises in restructuring…

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Homebase receives bid from former Comet owner

Opcapita, the former owner of Comet has put in a bid of an undisclosed amount for Homebase according to Sky…

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Wesfarmers entices Homebase bidders with £100m dowry

Potential bidders for Homebase are being enticed by a sizeable dowry as its owners Wesfarmers ask for initial takeover bids…

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Homebase and Bunnings owner sees profits plummet in 2017

Wesfarmer, which owns DIY stores Homebase and Bunnings, has revealed profits for the second half of 2017 were down by…

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