Travis Perkins has resumed the demerger of the Wickes banner after the process was suspended last year following the onset of the pandemic. Wickes is expected to be listed as a standalone company on the LSE on 28 April 2021 with existing Travis Perkins shareholders to be issued new Wickes shares in the ratio of 1:1.
26 Mar 2021
Wickes demerger off the ground
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Wickes demerger off the ground
Travis Perkins plc (TPK:LON) | 727 54.5 1.0% | Mkt Cap: 1,545m
- Published:
26 Mar 2021 -
Author:
Vansh Mehta -
Pages:
2
Travis Perkins has resumed the demerger of the Wickes banner after the process was suspended last year following the onset of the pandemic. Wickes is expected to be listed as a standalone company on the LSE on 28 April 2021 with existing Travis Perkins shareholders to be issued new Wickes shares in the ratio of 1:1.