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Share Price: 910.00

Bid: 911.60

Ask: 912.40

Change: 7.60 (0.84%)

Spread: 0.80 (0.088%)

Open: 877.00

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Grafton launches review of UK traditional merchanting businesses

Fri, 16th Apr 2021 07:56

(Alliance News) -Â Grafton Group PLC on Friday said it is mulling the potential sale of its UK traditional merchant businesses, as part of a strategic review.

The Dublin-based building materials distributor and DIY retailer said it has appointed Rothschild & Co to undertake the review, which is focused solely the Buildbase, Civils & Lintels, PDM Buildbase, The Timber Group, Bathroom Distribution Group and NDI businesses.

No other businesses in the group form part of the strategic review, it stressed.

The review "may or may not" result in the sale of some, or all, of the businesses, Grafton added.

By Lucy Heming;Â lucyheming@alliancenews.com

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UK earnings, trading statements calendar - next 7 days

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Latest Share Chat

Grafton Group Share News (GFTU)

Share Price Information for Grafton Group (GFTU)

Grafton launches review of UK traditional merchanting businesses

UPDATE: UK CMA serves order on Grafton's Merchanting unit disposal

IN BRIEF: Grafton completes divestment of merchanting business

LONDON MARKET MIDDAY: Stocks edge higher ahead of US growth figures

Grafton acquires Irish building materials supplier Sitetech

LONDON BRIEFING: UK CMA takes action on Taylor Wimpey, Pennon and CVS

Grafton buys Ireland's Sitetech for undisclosed sum

IN BRIEF: Approval closer for Grafton sale of Merchanting to Huw Gray

CMA says sale of Grafton's merchanting business raises competition concerns

Grafton given one week to address UK CMA concerns over business sale

LONDON MARKET PRE-OPEN: FTSE 100 could recoup nearly 100 points

TRADING UPDATES: PCI-PAL starts year strongly; HSS Hire refinances

Grafton guides for hefty annual profit as revenue rises by quarter

Grafton upgrades full-year profit forecast

UK earnings, trading statements calendar - next 7 days

IN BRIEF: UK CMA reviews Grafton Group business sales to Huws Gray

Latest Share Chat

Grafton Group Share News (GFTU)

Share Price Information for Grafton Group (GFTU)

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