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KM Financial Solutions | UPDATE 1-Wesfarmers to sell troubled UK home improvement business at a loss
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UPDATE 1-Wesfarmers to sell troubled UK home improvement business at a loss

24 May UPDATE 1-Wesfarmers to sell troubled UK home improvement business at a loss

Posted at 01:24h in News by
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May 25 (Reuters) – Australian conglomerate Wesfarmers
is divesting its money-losing Homebase business in the
United Kingdom and Ireland to an associate firm of London-based
Hilco Capital for an undisclosed amount and at a loss.

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