97:
443:
Under the terms of the agreement with
Sainsbury's to acquire Home Retail Group, for each Home Retail Group share, shareholders received 0.321 new Sainsbury’s shares and 55p per share. As a result of the sale of Homebase, they also received 25p per share, plus the year's dividend as a final dividend
377:
submitted a rival bid of £1.4 billion on 19 February. Steinhoff abandoned its bid on 18 March 2016, while
Sainsbury's submitted a formal bid of £1.4 billion. On 1 April 2016, the company agreed to a takeover offer from Sainsbury's. The deal was completed on 2 September 2016.
359:, and converted them to the format of Homebase. In June 2011, the group bought the exclusive rights to the brand of Habitat, its brand designs and intellectual property in the United Kingdom and Ireland, along with three stores in London and its website.
325:
before selling it to the
Australian retailer Wesfarmers in February 2016. Home Retail Group was listed on the London Stock Exchange, until it was acquired by the British supermarket company Sainsbury's for £1.4 billion on 2 September 2016.
841:
348:, which were subsequently converted to the format of Argos. ARG was renamed Home Retail Group, upon its demerger in July 2006 from GUS. Shares in Home Retail Group were traded on the
40:
736:
401:, one of the world's leading home appliance manufacturers, holding the remaining 51%. The group sold its 33% shareholding in Ogalas Limited (which trades as 'home store + more' in
1107:
714:
1097:
890:
1037:
1012:
440:
All figures below are for the Group's financial years, which ran for fifty two or fifty three week periods to end of
February/beginning of March.
337:
acquired Argos in April 1998, and combined it with its mail order business to form Argos Retail Group (ARG) in June 2000. It went on to acquire
1087:
88:
1102:
317:
was a home and general merchandise retailer based in the United
Kingdom. It was the parent company of Argos and Habitat, and once owned the
740:
937:
842:"Homebase to be rebranded Bunnings after Wesfarmers completes £340m acquisition from Home Retail Group - now what's happening with Argos?"
756:
697:
1092:
366:, which it revealed on 5 January 2016. On 18 January 2016, it was confirmed that Homebase would be sold to the Australian retailer
961:
1082:
373:
Sainsbury's submitted a revised offer of £1.3 billion on 2 February 2016, with a deadline of 23 February to make a firm bid.
397:
The group had a 49% holding in a multi-channel general merchandise retail business in China, called HH Retail
Limited, with
17:
1044:
228:
96:
417:
374:
362:
In
November 2015, the group rejected a £1 billion takeover proposal from the supermarket company
232:
370:
for £340 million, subject to shareholder approval. The sale was completed on 27 February 2016.
73:
754:
Completed acquisition by Home Retail Group plc of 27 leasehold properties from Focus (DIY) Ltd
958:
753:
694:
349:
8:
402:
462:
425:
421:
391:
287:
990:
647:
345:
695:
Anticipated acquisition by GUS plc of part of the Index
Business of Littlewoods Ltd
387:
264:
669:
760:
701:
191:
915:
867:
817:
795:
773:
363:
334:
318:
269:
242:
211:
198:
175:
165:
118:
45:
1076:
965:
891:"Sainsbury's bid for Argos hangs in balance amid threat of competition probe"
394:
operated in over eight hundred stores across the United
Kingdom and Ireland.
187:
413:
409:
889:
Armstrong, Ashley; Marlow, Ben; Williams, Christopher (20 February 2016).
977:
39:
367:
259:
78:
54:
356:
978:
Commission clears acquisition of Ogalas by Home Retail and
Durinicum
355:
In October 2007, Home Retail Group bought twenty seven stores from
338:
322:
275:
224:
1065:
432:, Schreiber, Challenge, Sovereign, Cookworks and Heart of House.
408:
Home Retail Group owned a number of well known brands, including
301:
796:"Sainsbury's bid approach for Argos owner Home Retail rejected"
429:
108:
938:"Sainsbury's acquisition of Argos parent company now complete"
398:
959:
Haier Elec (HKG:1169) invests US$ 15M in JV with Home Retail
341:
for £900 million in November 2002, bringing it into ARG.
739:. London Stock Exchange. 11 October 2006. Archived from
888:
1108:
Companies formerly listed on the London Stock Exchange
868:"Sainsbury's to 'future-proof' with £1.3bn Argos deal"
774:"Habitat stores enter administration as part of sale"
916:"Sainsbury's bids for Argos owner Home Retail Group"
819:
Homebase bought by Australia's Wesfarmers for £340m
1074:
344:In June 2005, GUS bought thirty three stores of
1098:Defunct retail companies of the United Kingdom
1038:"Annual Report and Financial Statements 2016"
185:489–499 Avebury Boulevard, Saxon Gate West,
968:Chinese Stock Information, 19 October 2011
95:
38:
865:
435:
27:UK home and general merchandise retailer
1005:
14:
1075:
840:Neilan, Catherine (29 February 2016).
839:
640:
1088:British companies established in 2000
1103:Retail companies established in 2000
866:Johnston, Chris (2 February 2016).
24:
940:. Retail Gazette. 2 September 2016
25:
1119:
1057:
1093:Companies based in Milton Keynes
1030:
983:
971:
952:
930:
908:
882:
859:
833:
386:Home Retail Group's businesses
810:
788:
766:
747:
729:
707:
688:
662:
44:Logo until it was acquired by
13:
1:
1083:2016 mergers and acquisitions
634:
381:
715:"GUS reveals demerger plans"
164:Acquired by and folded into
7:
822:, BBC News, 18 January 2016
291:(2011–16: sold Sainsbury's)
10:
1124:
798:. BBC News. 5 January 2016
329:
918:. BBC News. 18 March 2016
460:
457:
452:
449:
352:as from 11 October 2006.
296:
258:
248:
238:
217:
205:
181:
171:
160:
142:
124:
114:
104:
87:
66:
52:
37:
776:. BBC News. 24 June 2011
670:"GUS snaps up Homebase"
403:the Republic of Ireland
375:Steinhoff International
130:; 17 years ago
743:on 23 September 2011.
717:. Investors Chronicle
436:Financial performance
350:London Stock Exchange
315:Home Retail Group plc
148:; 8 years ago
146:2 September 2016
33:Home Retail Group plc
1013:"Annual Report 2015"
254: (till closure)
128:10 October 2006
1018:. Home Retail Group
993:. Home Retail Group
980:Practical Law, 2007
650:. Home Retail Group
458:Profit/(loss) (£m)
405:) on 8 March 2013.
250:Number of employees
34:
759:2013-09-27 at the
700:2013-09-27 at the
676:. 21 November 2002
450:52/53 weeks ended
93:GB00B19NKB76
32:
18:Argos Retail Group
1050:on 9 August 2017.
632:
631:
599:28 February 2009
582:27 February 2010
565:26 February 2011
497:28 February 2015
480:27 February 2016
312:
311:
292:
285:
282:Homestore + More
280:
273:
61:Home Retail Group
16:(Redirected from
1115:
1069:
1068:
1066:Official website
1052:
1051:
1049:
1043:. Archived from
1042:
1034:
1028:
1027:
1025:
1023:
1017:
1009:
1003:
1002:
1000:
998:
987:
981:
975:
969:
956:
950:
949:
947:
945:
934:
928:
927:
925:
923:
912:
906:
905:
903:
901:
886:
880:
879:
877:
875:
863:
857:
856:
854:
852:
837:
831:
830:
829:
827:
814:
808:
807:
805:
803:
792:
786:
785:
783:
781:
770:
764:
751:
745:
744:
733:
727:
726:
724:
722:
711:
705:
692:
686:
685:
683:
681:
666:
660:
659:
657:
655:
644:
447:
446:
308:
305:
304:.homeretailgroup
303:
290:
283:
278:
267:
156:
154:
149:
138:
136:
131:
100:
99:
42:
35:
31:
21:
1123:
1122:
1118:
1117:
1116:
1114:
1113:
1112:
1073:
1072:
1064:
1063:
1060:
1055:
1047:
1040:
1036:
1035:
1031:
1021:
1019:
1015:
1011:
1010:
1006:
996:
994:
989:
988:
984:
976:
972:
957:
953:
943:
941:
936:
935:
931:
921:
919:
914:
913:
909:
899:
897:
887:
883:
873:
871:
864:
860:
850:
848:
838:
834:
825:
823:
816:
815:
811:
801:
799:
794:
793:
789:
779:
777:
772:
771:
767:
761:Wayback Machine
752:
748:
735:
734:
730:
720:
718:
713:
712:
708:
702:Wayback Machine
693:
689:
679:
677:
668:
667:
663:
653:
651:
646:
645:
641:
637:
467:
464:
454:
438:
384:
332:
300:
286:
281:
274:
268:(1998–16: sold
251:
227:
220:
208:
201:
195:
192:Buckinghamshire
152:
150:
147:
134:
132:
129:
94:
83:
57:
48:
28:
23:
22:
15:
12:
11:
5:
1121:
1111:
1110:
1105:
1100:
1095:
1090:
1085:
1071:
1070:
1059:
1058:External links
1056:
1054:
1053:
1029:
1004:
982:
970:
964:2013-04-14 at
951:
929:
907:
881:
858:
832:
809:
787:
765:
746:
728:
706:
687:
661:
638:
636:
633:
630:
629:
626:
623:
620:
617:
613:
612:
609:
606:
603:
600:
596:
595:
592:
589:
586:
583:
579:
578:
575:
572:
569:
566:
562:
561:
558:
555:
552:
549:
545:
544:
541:
538:
535:
532:
528:
527:
524:
521:
518:
515:
511:
510:
507:
504:
501:
498:
494:
493:
490:
487:
484:
481:
477:
476:
474:
470:
469:
459:
456:
451:
437:
434:
383:
380:
331:
328:
319:do it yourself
310:
309:
298:
294:
293:
262:
256:
255:
252:
249:
246:
245:
243:Consumer goods
240:
236:
235:
221:
218:
215:
214:
212:United Kingdom
209:
206:
203:
202:
199:United Kingdom
197:
186:
183:
179:
178:
173:
169:
168:
162:
158:
157:
144:
140:
139:
126:
122:
121:
116:
112:
111:
106:
102:
101:
91:
85:
84:
82:
81:
76:
70:
68:
64:
63:
58:
53:
50:
49:
43:
26:
9:
6:
4:
3:
2:
1120:
1109:
1106:
1104:
1101:
1099:
1096:
1094:
1091:
1089:
1086:
1084:
1081:
1080:
1078:
1067:
1062:
1061:
1046:
1039:
1033:
1014:
1008:
992:
986:
979:
974:
967:
966:archive.today
963:
960:
955:
939:
933:
917:
911:
896:
895:The Telegraph
892:
885:
869:
862:
847:
843:
836:
821:
820:
813:
797:
791:
775:
769:
762:
758:
755:
750:
742:
738:
732:
716:
710:
703:
699:
696:
691:
675:
671:
665:
649:
643:
639:
627:
624:
621:
618:
616:1 March 2008
615:
614:
610:
607:
604:
601:
598:
597:
593:
590:
587:
584:
581:
580:
576:
573:
570:
567:
564:
563:
559:
556:
553:
550:
548:3 March 2012
547:
546:
542:
539:
536:
533:
531:2 March 2013
530:
529:
525:
522:
519:
516:
514:1 March 2014
513:
512:
508:
505:
502:
499:
496:
495:
491:
488:
485:
482:
479:
478:
475:
472:
471:
466:
448:
445:
441:
433:
431:
427:
423:
419:
415:
411:
406:
404:
400:
395:
393:
389:
379:
376:
371:
369:
365:
360:
358:
353:
351:
347:
342:
340:
336:
327:
324:
320:
316:
307:
299:
295:
289:
277:
271:
266:
263:
261:
257:
253:
247:
244:
241:
237:
234:
230:
226:
223:John Coombe,
222:
216:
213:
210:
204:
200:
193:
189:
188:Milton Keynes
184:
180:
177:
174:
170:
167:
163:
159:
145:
141:
127:
123:
120:
117:
113:
110:
107:
103:
98:
92:
90:
86:
80:
77:
75:
72:
71:
69:
65:
62:
59:
56:
51:
47:
41:
36:
30:
19:
1045:the original
1032:
1020:. Retrieved
1007:
995:. Retrieved
991:"Our brands"
985:
973:
954:
942:. Retrieved
932:
920:. Retrieved
910:
898:. Retrieved
894:
884:
872:. Retrieved
861:
849:. Retrieved
845:
835:
824:, retrieved
818:
812:
800:. Retrieved
790:
778:. Retrieved
768:
749:
741:the original
731:
719:. Retrieved
709:
690:
678:. Retrieved
673:
664:
652:. Retrieved
642:
442:
439:
407:
396:
385:
372:
361:
354:
343:
333:
314:
313:
260:Subsidiaries
182:Headquarters
67:Company type
60:
29:
944:2 September
900:21 February
874:21 February
851:29 February
826:21 February
802:21 February
780:21 February
680:22 February
648:"Our story"
473:before tax
418:Chad Valley
399:Haier Group
364:Sainsbury's
270:Sainsbury's
229:John Walden
207:Area served
176:Sainsbury's
166:Sainsbury's
115:Predecessor
46:Sainsbury's
1077:Categories
870:. BBC News
635:References
382:Operations
368:Wesfarmers
279:(2006–16)
219:Key people
153:2016-09-02
135:2006-10-10
79:Subsidiary
55:Trade name
737:"Welcome"
465:per share
444:payment.
357:Focus DIY
284:(2007-13)
194:, MK9 2NW
172:Successor
109:Retailing
997:28 March
962:Archived
922:18 March
846:City A.M
757:Archived
721:28 March
698:Archived
674:BBC News
654:28 March
619:5,984.8
608:(413.1)
605:(394.2)
602:5,897.4
585:6,022.7
568:5,851.9
551:5,582.8
534:5,475.4
517:5,663.0
500:5,710.4
483:5,668.0
463:earnings
453:Turnover
422:Cherokee
339:Homebase
323:Homebase
276:Homebase
239:Products
225:Chairman
105:Industry
1022:9 April
611:(47.7)
426:Habitat
392:Habitat
335:GUS plc
330:History
297:Website
288:Habitat
151: (
143:Defunct
133: (
125:Founded
625:294.6
622:426.0
591:209.8
588:293.0
574:190.9
571:265.2
554:104.1
537:130.1
489:(808)
461:Basic
430:Hygena
321:chain
74:Public
1048:(PDF)
1041:(PDF)
1016:(PDF)
628:34.0
594:24.3
577:23.1
557:72.8
543:11.7
540:94.0
523:54.0
520:71.2
506:71.6
503:93.8
486:94.7
455:(£m)
388:Argos
346:Index
265:Argos
1024:2016
999:2015
946:2016
924:2016
902:2016
876:2016
853:2016
828:2016
804:2016
782:2016
723:2015
682:2015
656:2015
560:9.1
526:6.8
509:9.4
492:2.8
468:(p)
414:Bush
410:Alba
390:and
306:.com
161:Fate
89:ISIN
763:OFT
704:OFT
302:www
233:CEO
119:GUS
1079::
893:.
844:.
672:.
428:,
424:,
420:,
416:,
412:,
231:,
196:,
190:,
1026:.
1001:.
948:.
926:.
904:.
878:.
855:.
806:.
784:.
725:.
684:.
658:.
272:)
155:)
137:)
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
