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Homeserve buys CET Structures for £53m
CET provides outsourced emergency plumbing, heating and electrics services to home insurance policy holders on behalf of consumer brands, via its digital claims handling and job management platform.
HomeServe has acquired the CET on a debt free, cash free basis, and is funding the deal through existing debt facilities. The transaction is expected to be modestly enhancing to HomeServe's adjusted earnings per share in the current financial year.
Latest HSV News
- IN BRIEF: Homeserve confirms completion of Brookfield takeover
4 Jan 2023 - FTSE 100 firms see 13 CEO changes in 2022, up from unusual low in 2021
29 Dec 2022 - Johnson Matthey to replace outbound Homeserve in FTSE 100
28 Dec 2022 - TRADING UPDATES: Homeserve takeover sanctioned; Ariana finds nickel
21 Dec 2022 - TOP NEWS: Homeserve says conditions for takeover by Brookfield met
14 Dec 2022 - TRADING UPDATES: 7digital loan pact; Okyo Pharma files with SEC
6 Dec 2022 - TOP NEWS: Homeserve posts higher interim profit before takeover
22 Nov 2022 - LONDON BRIEFING: FTSE 100 called higher as oil prices firm overnight
22 Nov 2022
Related News
IN BRIEF: Homeserve confirms completion of Brookfield takeover
Homeserve PLC - Walsall, England-based home emergency repairs provider - Confirms the completion of takeover by Brookfield Infrastructure Partners LP....
FTSE 100 firms see 13 CEO changes in 2022, up from unusual low in 2021
(Alliance News) - FTSE 100 firms have seen 13 changes in chief executive officers and nine changes in chief financial officers in 2022, according to A...
Johnson Matthey to replace outbound Homeserve in FTSE 100
(Alliance News) - Johnson Matthey PLC will return to the FTSE 100 as part of index changes stemming from the buyout of home repairs company Homeserve ...
HSV.L News
IN BRIEF: Homeserve confirms completion of Brookfield takeover
Homeserve PLC - Walsall, England-based home emergency repairs provider - Confirms the completion of takeover by Brookfield Infrastructure Partners LP....
FTSE 100 firms see 13 CEO changes in 2022, up from unusual low in 2021
(Alliance News) - FTSE 100 firms have seen 13 changes in chief executive officers and nine changes in chief financial officers in 2022, according to A...
Johnson Matthey to replace outbound Homeserve in FTSE 100
(Alliance News) - Johnson Matthey PLC will return to the FTSE 100 as part of index changes stemming from the buyout of home repairs company Homeserve ...
TRADING UPDATES: Homeserve takeover sanctioned; Ariana finds nickel
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
TOP NEWS: Homeserve says conditions for takeover by Brookfield met
(Alliance News) - Homeserve PLC on Wednesday said all conditions have been satisfied for its proposed GBP4.08 billion takeover by Brookfield Infrastru...
TRADING UPDATES: 7digital loan pact; Okyo Pharma files with SEC
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
TOP NEWS: Homeserve posts higher interim profit before takeover
(Alliance News) - Homeserve PLC on Tuesday reported a higher interim profit in the six months to September 30 on the back of revenue growth, ahead of ...
LONDON BRIEFING: FTSE 100 called higher as oil prices firm overnight
(Alliance News) - Stocks in London were called slightly higher on Tuesday, as a rising Brent oil price supported the FTSE 100 index, despite unease ov...
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