Posts tagged: Ferguson

Ferguson said to have appointed NM Rothschild to find a buyer for £500 million Wolseley UK - sources - Part 4

Monday, 4 January 2021, 11:41 am

The confirmations keep on coming for little old Betaville.

This morning FTSE 100-listed Ferguson announced it has struck a deal to sell plumbing merchant Wolseley to Clayton Dubilier & Rice, whose advisers include Sir Terry Leahy, for just over £300 million. Below is the link to the Ferguson statement:..

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Ferguson said to have appointed NM Rothschild to find a buyer for £500 million Wolseley UK - sources - Part 3

Wednesday, 16 December 2020, 1:20 pm

Three private equity firms are said to be in the running to buy Wolseley UK from FTSE 100-listed Ferguson.

People following the situation said Clayton Dubilier & Rice, Epiris and HIG Capital are competing in the final round of the Wolseley auction.

Final round bids for Wolseley are due in the next few days, said these people.

It's thought Wolseley, one of Britain's biggest building merchants, could change hands for between £400 million and £600 million...

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Ferguson said to have appointed NM Rothschild to find a buyer for £500 million Wolseley UK - sources

Tuesday, 13 October 2020, 7:32 pm

It sounds like blue-chip builders' merchant Ferguson really wants to get rid of Wolseley, one of Britain's largest suppliers to builders, plumbers and tradesmen.

According to Betaville's moles in the City of London, Ferguson has asked advisers from NM Rothschild to garner interest from buyers, such as private equity firms, for Wolseley UK...

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