Duke Street and Apax sell Wickes

Apax Partners and Duke Street Capital, the private equity backers of DIY retailer Focus Wickes, have secured a partial exit with a £950m (€1.4bn) sale of the Wickes division to Travis Perkins, the DIY group.

Wickes is the third largest DIY retailer in the UK. It targets small tradesmen and serious amateurs.

WSJ Logo
U.S.’s Biggest Asian Allies Ready Last-Ditch Trade Appeal to TrumpExternal link

U.S.’s Biggest Asian Allies Ready Last-Ditch Trade Appeal to Trump