IN BRIEF: Howden Joinery completes acquisition of DIY Kitchens
Howden Joinery Group PLC - London-based kitchen and joinery supplier - Completes its purchase of online retailer DIY Kitchens, with the new shares issued to the seller in connection with the transaction admitted to the London Stock Exchange on Tuesday morning. Earlier in June, Howden Joinery said it had agreed to acquire DIY Kitchens for an enterprise value of GBP390 million, with the consideration comprising GBP292.5 million in cash and GBP97.5 million in new Howden shares at a price of 766 pence per share. Read More