The parent company of sports-nutrition supplements marketer
Maximuscle has been acquired by pharmaceutical
giant GlaxoSmithKline for £162 million.
Maxinutrition’s previous owner Darwin Private Equity paid
£75 million for it three years ago.
Sales at DIY retailer Wickes were up 2.7 percent
in the 47 weeks to 27th November, like-for-like sales rose
marginally-up 0.6 percent. Sales of kitchens and bathrooms
performed particularly strongly during the period, up 12.5
percent. Wickes says that trading in the last eight weeks is also
up as shoppers buy ahead of the VAT rise in January.
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