Anxiety over Brexit has forced Travis Perkins, the UK builders’ merchants, to halt the sale of its plumbing and heating business. Travis Perkins is blaming “the current unprecedented level of uncertainty”, which has forced it to pause the sale process of the P&H business “for the time being”. City firm Liberum thought the sale could raise £400m-£500m.
Unprofessional and pushing to the edge of the cliff. Please ask for the financials and ensure our survival.
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