Victorian Plumbing up on deal to acquire Victoria Plum
20/05/2024 08:46
** Shares of British bathroom retailer Victorian Plumbing
VIC.L up 3.3% at 88.2p
** Co's unit Victorian Plumbing Limited acquired AHK Designs
Ltd, trading as Victoria Plum, on May 17
** Purchase price for deal was 22.5 mln pounds, on a cash
free, debt free basis
** Expects Victoria Plum to broadly break even in H2 of 2024
** VIC shares fell ~3.6% YTD
(Reporting by Yamini Kalia in Bengaluru)
((Yamini.Kalia@thomsonreuters.com;))