(Adds details, source) By Dominique Vidalon PARIS, March 25 (Reuters) - Kingfisher's takeover of Mr Bricolage looked increasingly shaky on Wednesday as the French DIY stores chain revealed its franchisee shareholders were unhappy with the number of stores the buyer planned to sell to
Read morePARIS, March 25 (Reuters) - French DIY stores chain Mr Bricolage said on Wednesday that hurdles plaguing its takeover by Kingfisher hinged mostly on the number of stores its larger British rival had offered to sell to win clearance from anti-trust authorities. "The Board of Directors of Mr
Read moreLondon's FTSE 100 index underperformed its European peers on Tuesday as investors cut exposure on the back of inflation data from the UK and US. Inflation in the UK fell to zero while in the US, it moved out of the negative zone back into zero. With inflation in both countries at the same rate, defl
Read morePrimark owner Associated British Foods tripped lower after Swiss bank Credit Suisse lowered its earnings forecasts for the company citing euro weakness. "AB Foods doesn't usually feature in our regular FX updates on the sector, but given the severity of the euro's demise it should. For ABF the impac
Read moreThe UK's FTSE 100 held onto Tuesday's gains as it traded in a narrow range as market participants were being pushed and pulled by a number of conflicting matters that are currently permeating through the market. On the one hand, China's slowing manufacturing sector, as evident from overnight data, s
Read more(Adds detail) LONDON, March 24 (Reuters) - Kingfisher's 275 million euro ($302 million) takeover of France's Mr Bricolage has been thrown into doubt, after the British DIY firm said the majority of the board and the largest shareholder of the target company had reservations. Kingfish
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