Britain's Travis Perkins to return cash to shareholders after plumbing exit

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By Gesard in Business
Updated 3 years ago

LONDON (Reuters) -Travis Perkins, Britain's biggest seller of building materials, will return cash to shareholders after selling its plumbing and heating business to an affiliate of investment firm H.I.G. Capital for 325 million pounds ($461 million). The group said on Friday it would return the net proceeds to shareholders through...

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