Putting Homebase on its 'to buy' 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'.
Following a company restructure, ATAG Commercial has relocated to new UK headquarters in Basildon, Essex. The move follows the acquisition of ATAG by the Ariston Thermo Group, which already bases a number of its UK companies from the same south Essex offices.
MKM Building Supplies has opened a new luxury kitchen and bathroom showroom in Grimsby. The Hull-based company has invested £50,000 to create an inspirational showroom at its branch on Eleanor Street in the town.
Following the launch of the London Boiler Cashback Scheme, Worcester, Bosch Group has pledged an additional £100 cashback to the successful recipients of the incentive’s £400 allowance when they elect to replace their inefficient boiler with one of its high-efficiency Greenstar models.
Homeowners in the capital will now be eligible for up to £400 cashback when they replace their old inefficient boiler (rated at 70% efficient or less) with a new ‘A-rated’ model or renewable heating system, the Mayor of London has announced.
Today’s announcement (2 February) by the Mayor of London, Boris Johnson, of a new Boiler Cashback Scheme to encourage Londoners to upgrade their old, inefficient boilers has been welcomed by the Builders Merchants Federation (BMF).
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