BREAKING NEWS

Travis Perkins halts sale of plumbing and heating unit

Travis Perkins halts sale of plumbing and heating unit
A worker stacks timber at the Vauxhall depot of building material supplier Travis Perkins in London, Britain October 25, 2013. REUTERS/Neil Hall/File Photo -
Copyright
Neil Hall(Reuters)
Euronews logo
Text size Aa Aa

(Reuters) – Travis Perkins Plc <TPK.L>, Britain’s largest distributor of building materials, on Tuesday halted plans to sell its plumbing and heating division, citing “unprecedented level” of market uncertainty.

The owner of brands such as Wickes and Toolstation had said in December that it would sell the business as part of a push to simplify its structure, cut costs and focus on its trade businesses.

(Reporting by Shashwat Awasthi in Bengaluru; Editing by Arun Koyyur)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.
Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.