Summary
Microsoft shares on slide despite leap in earnings GUS offloads Dutch business to focus on home market GUS today sold its last home shopping business, Holland's Wehkamp, for Pounds 265 million in a deal that leaves the retailer focused on the UK and Ireland. The Argos and Homebase proprietor, headed by chief executive John Peace, pictured, has owned Wehkamp for more than 40 years but is honing down its operations in moves that include the sale of its 66% stake in Burberry. Swedish venture capitalist Industri Kapital is buying Wehkamp.
Share handout ahead of Pizza Express parent's float PIZZA Express chief Harvey Smyth has been given more than a million shares in the company worth up to Pounds 4.4 million ahead of the Pounds 900 million float of parent company Gondola Holdings. Carphone Warehouse founder David Ross, chairman of Gondola, gets a stake worth up to Pounds 3.2 million. About 600 senior staff will receive shares, with store managers getting around Pounds 1000-worth.See the full content of this document
Extract
In Brief
SOFTWARE giant Mic...
See the full content of this document
Sponsored links
