'Botched' Homebase takeover puts hundreds of jobs at risk

Up to 40 outlets of DIY chain and Bunnings stores at risk as owner blames restructuring Up to 40 Homebase and Bunnings DIY stores could be closed, putting hundreds of jobs at risk, after the group’s Australian owner said it was reviewing the future of its UK business.The closures raised speculation that Wesfarmers, which bought Homebase for £340m two years ago, would be forced into exiting the UK after a botched takeover by its own admission. Continue reading...