Argos and homebase could face £4bn takeover bid

Top retail chains Argos and Homebase could be the subject of a fresh £4bn (€6bn) takeover bid, it was reported today.

Sun, 16 Jul, 2006 - 15:43

Top retail chains Argos and Homebase could be the subject of a fresh £4bn (€6bn) takeover bid, it was reported today.

The Sunday Times said two of the world’s biggest buyout groups, Blackstone and Kohlberg Kravis Roberts (KKR), have teamed up to get their hands on the stores.

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CourtsBusinessHeathrowPlace: LondonPlace: NottinghamPlace: CaliforniaPerson: KohlbergPerson: Kravis RobertsOrganisation: ArgosOrganisation: HomebaseOrganisation: BlackstoneOrganisation: KKROrganisation: GUSOrganisation: Argos Retail GroupOrganisation: ARGOrganisation: Experian
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