B&Q owner Kingfisher sells Russian division for £73m
// Kingfisher sells Russian Castorama division to domestic chain Maxidom for £73m
// The sale to Maxidom marks the first sale since Kingfisher’s new CEO Thierry Garnier joinedKingfisher has offloaded its Castorama division in Russia to domestic chain Maxidom in a £73 million deal.
The B&Q and Screwfix owner sold the Russian Castorama division on Wednesday, with 80 per cent of the sale price paid at the point of transaction and the remaining 20 per cent to be paid in in
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