RMC has agreed the sale of its Great Mills DIY chain to Focus Do It All for £285m.
The expanded group will have 430 stores controlling 15% of the UK retail home improvement market.
Meanwhile, insiders deny suggestions that talks between Schroders Centres and J Sainsbury for the purchase of the supermarket chains Homebase business have ended without a deal.
Financial Times 07/12/00 page 28
The Times 07/12/00 page 29
The Daily Telegraph 07/12/00 page 38
The Independent 07/12/00 page 25
The Guardian 07/12/00 page 29