Blacks falls as sale plan is ditched
Shares in Blacks Leisure tumbled by 9 per cent yesterday after the outdoor retail specialist canned plans to sell the company.
The group, which runs the Blacks and Millets stores, rejected offers from the Argos owner Home Retail and two other unnamed parties. The shares fell 3.5p to 35.5p.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies