UK's Howden Joinery rises over DIY Kitchen buy worth $524 million
03/06/2026 08:39
BUZZ-UK's Howden Joinery rises over DIY Kitchen buy worth $524 million ** Shares of British kitchen and interior fittings supplier Howden Joinery HWDN.L rise 2.8% to 776 p
** Top gainer on the FTSE 100 .FTSE
** Co agrees to acquire DIY Kitchens for an enterprise value of £390 million ($524.39 million)
** Expects deal to be immediately accretive to revenue, EBIT margin, and EPS, co says
** Co remains on track for its 2026 outlook
** YTD, stock down ~6%
($1 = 0.7437 pounds)
(Reporting by Roshni Srivastava in Bengaluru)