American Diy Giant May Swoop for Kingfisher

Summary


THE City was awash with speculation today that BQ group Kingfisher will be back on the takeover radar of Home Depot after the American DIY stores giant sacked its boss Bob Nardelli with a payoff of Pounds 100 million-plus.

BQ has long been reckoned to be a potential bid target for Home Depot but any move has been blocked by Nardelli, who preferred expansion into China rather than the European market.

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American Diy Giant May Swoop for Kingfisher

Analysts says his departur...

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