Homebase sold to Hilco for £1 putting jobs and 60 stores at risk
Acquisition of DIY chain ‘an unbelievable disaster’ for Australian group WesfarmersHomebase has been sold to the restructuring specialist Hilco, the owner of HMV, for £1 as the DIY chain’s Australian owner pulls the plug on its disastrous venture into the UK, putting thousands of jobs at risk.Wesfarmers, which bought the ... read more
Source: GuardianPublished on 2018-05-25