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
The Worst Performer in Billionaires’ Portfolios? Trophy Art.External link

The Worst Performer in Billionaires’ Portfolios? Trophy Art.