Picture of Howden Joinery logo

HWDN Howden Joinery News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapNeutral

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions

- The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:

** British kitchen and interior fittings supplier Howden Joinery <HWDN.L> said on Wednesday it will acquire online retailer DIY Kitchens in a £390 million ($525 million) deal to expand into direct-to-consumer sales, sending its shares up as much as 5%.

nL6N42B0EF

** Carlyle <CG.O> said on Wednesday it agreed to sell mechanical drive systems provider Flender to Triton Partners in a deal between equity firms.

nL8N42B0H7

** Nippon Paint <4612.T> and Sherwin-Williams <SHW.N> said on Wednesday they had decided to terminate their efforts to jointly acquire rival paint maker AkzoNobel <AKZO.AS>.

nL6N42B0EM

** Australia's Macquarie Group <MQG.AX> said on Tuesday its asset management arm and Brazil's IG4 Capital agreed to sell a controlling stake in Corredor Logística e Infraestrutura S.A (CLI) to AD Ports Group <ADPORTS.AD> for $835 million.

nL4N42A1R9


(Compiled by Rajarshi Roy and Varun Sahay in Bengaluru)

((Varun.sahay@thomsonreuters.com))

Recent news on Howden Joinery

See all news