TITLE

Brock says Bensons Beds sale is on track

PUB. DATE
October 2004
SOURCE
Cabinet Maker;10/22/2004, Issue 5411, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Bensons Beds parent company Homestyle is confident that it can sell the division in the spring. It has received interest from potential trade buyers, including its management and also from venture capital companies. David Brock, chairman said he was confident that the group was now properly focused to carry out its commercial strategy after major management changes in the past few months. Sales for the chain were not disclosed, but Brock said performance had been stabilized. It is thought that like for like sales, allowing for the withdrawal from the textile market and transfer of bed operations to Bensons Beds, are still falling but the rate of decline has been reduced.
ACCESSION #
14897527

 

Related Articles

  • Bensons sale was inevitable.  // Cabinet Maker;8/20/2004, Issue 5402, p7 

    Reports on the plan of Homestyle to sell Bensons Beds in an effort to restore Harvey's in Great Britain. Homestyle finance director, Tim Kowalski's explanation on the decision of the company; Projected amount generated from the sale; Uses of proceeds from the sale.

  • Siemens sells investment boutique.  // RCR Wireless News;12/26/2005, Vol. 24 Issue 52, p6 

    The article reports on the sale of the Siemens Accelerations unit of Siemens AG to an undisclosed investor in 2005. Siemens Acceleration was an early-stage investment boutique for startup companies and a subsidiary of Siemens Communications. Siemens expects that its innovation strategy will be...

  • Going back to basics. Gay, Alison // Cabinet Maker;8/13/2004, Issue 5401, p3 

    Comments on the plan of Homestyle to sale its bed division Bensons Beds in Great Britain. Remarks on the profit of Bensons; Accounts on the investments of Homestyle in product ranges and marketing; Emphasis on the improvement of the sales and operation of the company.

  • Dreams in deal for Bensons?  // Cabinet Maker;11/5/2004, Issue 5413, p3 

    Reports that Dreams and Homestyle are closed to completing a deal for Homestyle's bed division, Bensons Bed, The Bed Shed and Sleepmasters.

  • Divesting for success with pre-sale due diligence. Kelly, Shaun T. // NACD Directorship;Mar2003, Vol. 29 Issue 3, p12 

    Discusses keys to successful corporate divestiture. Importance of conducting appropriate pre-sale due diligence; Preparation for the sale; Need to identify potential buyers.

  • Managements' Views on Voluntary Sell-Offs. Baker, H. Kent; Benjamin, John D.; Kuehl, Kristin; Verdon, Amy A. // Journal of Economics & Finance;1996 Supplement, Vol. 20, p3 

    Examines the reasons for voluntary sell-offs undertaken by U.S. companies in the early 1990s. Removal of non-strategic assets; Raise of funds primarily for debt reduction; Focus on the firm's core business; Importance placed by financially weak firms on raising funds and improving their cash flow.

  • Hachette Shuts IPG, Seeks Buyer for Katz. DeFoore, Jay; Walker, David // Photo District News;Aug2005, Vol. 25 Issue 8, p12 

    Reports on the decision of Hatchette Filipacchi Photos (HFP) to close Independent Photographers Group and sell Katz and K2 portraiture agency as of August 2005.

  • Gearing up to sell the business. Gray, Andi // Westchester County Business Journal;8/29/2011, Vol. 47 Issue 35, p13 

    The article provides an answer to a question of how to prepare in selling a company.

  • Sale of the century. Holliday, Adrian // Director;Oct2001, Vol. 55 Issue 3, p63 

    Offers tips for corporations that are considering selling. Importance of planning; Condition that is appropriate to sell; Role of confidentiality.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics