7th Dec 2015 06:49
LONDON (Alliance News) - In addition to the possible bid for Homebase from former Garden Centre Group boss Nicholas Marshall, The Sunday Times reported a number of other potential suitors have lined up both for the Homebase business and for a break-up bid for owner Home Retail Group PLC.
Though some analysts are sceptical that a bid will emerge from Marshall, several retail industry figures have been tapped by private equity firms in recent months to advise on possible bids for the company, the newspaper said.
Among those to have run the rule over the company are Golden Gate Capital, a San Francisco-based digital retail group which would be interested in the Argos catalogue retail unit of Home Retail, and Leroy Merlin, a French DIY chain which would be looking at Homebase, The Sunday Times reported.
http://www.thesundaytimes.co.uk/sto/business/Retail_and_leisure/article1641473.ece?CMP=OTH-gnws-standard-2015_12_05
By Sam Unsted; [email protected]; @SamUAtAlliance
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