{"id":1802,"date":"2016-01-18T09:46:03","date_gmt":"2016-01-18T09:46:03","guid":{"rendered":"http:\/\/www.banglanewsus.com\/english\/?p=1802"},"modified":"2016-01-18T09:46:03","modified_gmt":"2016-01-18T09:46:03","slug":"homebase-to-be-bought-by-australias-wesfarmers-for-340m","status":"publish","type":"post","link":"https:\/\/www.banglanewsus.com\/english\/2016\/01\/18\/homebase-to-be-bought-by-australias-wesfarmers-for-340m\/","title":{"rendered":"Homebase to be bought by Australia&#8217;s Wesfarmers for \u00a3340m"},"content":{"rendered":"<p class=\"story-body__introduction\">Australian retail giant Wesfarmers has agreed to buy UK DIY chain Homebase from its owner, Home Retail Group, for \u00a3340m (A$705m; $485.2m).<\/p>\n<p>Wesfarmers already owns Bunnings &#8211; one of Australia&#8217;s largest suppliers of outdoor living and DIY products.<\/p>\n<p>The Australian retailer said it would spend a further \u00a3242m to build up the Homebase business under the Bunnings brand.<\/p>\n<p>The deal is subject to shareholder approval.<\/p>\n<p>Wesfarmers, which owns one of Australia&#8217;s biggest supermarket chains, Coles, said the UK&#8217;s home improvement and garden market was worth \u00a338bn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australian retail giant Wesfarmers has agreed to buy UK DIY chain Homebase from its owner, Home Retail Group, for &pound;340m (A$705m; $485.2m). Wesfarmers already owns Bunnings &ndash; one of Australia&rsquo;s largest suppliers of outdoor living and DIY products. The Australian retailer said it would spend a further &pound;242m to build up the Homebase business under the Bunnings brand. The deal is subject to shareholder approval. Wesfarmers, which owns one of Australia&rsquo;s biggest supermarket chains, Coles, said the UK&rsquo;s home improvement and garden market was worth &pound;38bn.<\/p>\n","protected":false},"author":2,"featured_media":1803,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"_links":{"self":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts\/1802"}],"collection":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/comments?post=1802"}],"version-history":[{"count":1,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts\/1802\/revisions"}],"predecessor-version":[{"id":1804,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts\/1802\/revisions\/1804"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/media\/1803"}],"wp:attachment":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/media?parent=1802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/categories?post=1802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/tags?post=1802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}