‘Del Boy billionaire' rescues Homebase from collapse [Yahoo! Finance]
WESFARMERS LTD UNSP/ADR (WFAFY)
NASDAQ:AMEX Investor Relations:
wesfarmers.com.au/investor-centre
Company Research
Source: Yahoo! Finance
Chris Dawson, who owns and runs The Range homeware outlets, is finalising a takeover that will result in as many as 70 Homebase stores folded into his shopping empire. The deal with administrators Teneo is expected to preserve nearly 1,600 jobs across the UK. Up to 1,000 frontline and head office staff are at risk of being made redundant, however, unless buyers for the remaining stores can be found. Mr Dawson, said to be worth £2.5bn, is also in talks to acquire the 40-year-old Homebase brand and its website in a transaction worth around £30m. Under the complex plans, administrators are expected to be appointed to the business on Thursday, and the bulk of its assets parcelled off. Mr Dawson's CDS Superstores – parent company of The Range – is lined up as the primary buyer. Mr Dawson told The Telegraph: “We are delighted to be able to save so many stores and jobs, and look forward to adding the Homebase brand and subsidiaries to the expanding Range group of companies.” It co
Show less
Read more
Impact Snapshot
Event Time:
WFAFY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WFAFY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WFAFY alerts
High impacting WESFARMERS LTD UNSP/ADR news events
Weekly update
A roundup of the hottest topics
WFAFY
News
- ‘Del Boy billionaire' steps in to save Homebase shops at risk from collapse [Yahoo! Finance]Yahoo! Finance
- Wesfarmers (ASX:WES) shareholders have earned a 17% CAGR over the last five years [Yahoo! Finance]Yahoo! Finance
- Does This Valuation Of Wesfarmers Limited (ASX:WES) Imply Investors Are Overpaying? [Yahoo! Finance]Yahoo! Finance
- New Zealand Hardware and Building Supplies Retailing Market Report 2024: Confidence Building - Rising Downstream Demand will Scaffold Revenue into a Return to Growth [Yahoo! Finance]Yahoo! Finance
- Australia Gave People a Right to Log Off, and Bosses Are Unhappy [Financial Post (Toronto, Ontario, Canada)]Financial Post