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KGF Kingfisher Plc

280.40
4.20 (1.52%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kingfisher Plc LSE:KGF London Ordinary Share GB0033195214 ORD 15 5/7P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.20 1.52% 280.40 281.00 281.20 281.60 276.30 276.30 4,183,912 16:35:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc General Mdse Stores 12.98B 345M 0.1860 15.10 5.12B

Disposal

05/09/2003 8:01am

UK Regulatory


RNS Number:4295P
Kingfisher PLC
04 September 2003


4 September 2003

                          Update on sale of Reno-Depot

Further to its press release issued on 23rd April, Kingfisher plc announces that
Canadian competition authority approval has now been given for the sale of its
Canadian Home Improvement business, Reno-Depot Inc, to RONA Inc. The sale is now
expected to complete later this month.

The final consideration is likely to be C$365 million, the additional C$10
million arising from working capital adjustments and interest receivable on the
purchase price. The disposal of the portfolio of land for retail development,
which was excluded from the sale to RONA, is continuing and should be completed
by the year end.






                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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