Putting Homebase on its 'to buy' list.

Homebase on Asda shopping list

Published:  13 April, 2010

LONDON: Homebase could be a target acquisition for Asda as the retail chain strives to close the gap on its bigger rival, Tesco.

Asda is reported by the Daily Mail to be considering Argos and Homebase owner, Home Retail, in an attempt to increase its share of the general merchandise market. The company said it would not comment on 'market speculation'.

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