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The struggling business said it has accepted a 30p per share offer from Apinder Singh Ghura, who already owns around 25.4 per cent of the group, as well as Amarjit Singh Grewal and KJR Brothers.
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Grafton expects profits to beat forecasts after bumper March and April A look at the major movers on the London market on Wednesday Grafton Group PLC (LON:GFTU) expects full year profits to significantly beat forecasts after a bumper performance in March and April. The building materials distributor and DIY firm - known for its Selco brand - said revenues between January and 18 April rose 32.9% to £846.8mln with growth in the latest two months ahead of forecasts. It was helped by the fact that all its distribution, retail and manufacturing branches continued to trade as essential suppliers....
Grafton expects profits to beat forecasts after bumper March and April A look at the major movers on the London market on Wednesday Grafton Group PLC (LON:GFTU) expects full year profits to significantly beat forecasts after a bumper performance in March and April. The building materials distributor and DIY firm - known for its Selco brand - said revenues between January and 18 April rose 32.9% to £846.8mln with growth in the latest two months ahead of forecasts. It was helped by the fact that all its distribution, retail and manufacturing branches continued to trade as essential suppliers....