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WLW Woolworths

1.22
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Woolworths LSE:WLW London Ordinary Share GB0030738610 ORD 12.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.22 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Home Retail Signs Deal To Buys Chad Valley Toy Brand For GBP5 Million

20/01/2009 4:40pm

Dow Jones News


Woolworths (LSE:WLW)
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Home Retail Group, a home and general merchandise retailer, Tuesday announced it has signed a contract to acquire certain rights to the Chad Valley toy brand.

The purchase price of GBP5.0 million in cash is being paid to Woolworths plc (in administration). Neville Kahn, Nick Dargan and Daniel Butters of Deloitte LLP were appointed Joint Administrators of Woolworths plc on Nov. 27, 2008.

The purchased rights are for exclusive use of the Chad Valley name and associated trademarks both in the U.K. and internationally.

The brand has very strong heritage, with independent research confirming high recognition amongst U.K. consumers.Chad Valley will complement Argos' existing toy business and help to consolidate Argos' position as the number one toy retailer in the U.K.

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary. You can use this link on the day this article is published and the following day.

 
 

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