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Topic: Castorama

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	Kingfisher took over Castorama
		This was done after the French owners, who still had a 50 per cent share of the votes, accepted the price offer.
		The price, which was originally contested, was finally agreed on the basis of a report and recommendation by the bankers Rothschild and Cie.
		The Castorama group is present in Belgium, Brazil, Canada, China, France, Germany, Ireland, Italy, Poland, Taiwan, Turkey and the United Kingdom.
	www.union-network.org /unisite/sectors/commerce/Multinationals/Kingfisher_took_over_Castorama.htm (0 words)

	CNN.com - Kingfisher in $4.6bn French deal - July 8, 2002
		Its 1998 Castorama deal only gave Kingfisher a 50 percent voting right, which meant it could not push through its strategic vision.
		Castorama's stock rose 4.3 percent to 67.25 euros in mid-morning Paris trading.
		The company said it plans to "re-invigorating and modernising" Castorama to bring it into line with B&Q. The acquisition is expected to modestly improve earnings per share after the transaction is completed, MacKay said.
	archives.cnn.com /2002/BUSINESS/05/15/kingfisher.castorama/index.html (359 words)

	DIY firm ponders offer \| \| Guardian Unlimited Business
		Castorama, the French DIY company that controls BandQ, is likely to decide this week whether to accept a full takeover by its majority shareholder, Kingfisher.
		It is thought that the board of Castorama has yet to agree the structure of the deal and it may decide to take Kingfisher shares rather than cash for the 45% stake, which analysts say is worth up to £2.5bn.
		Kingfisher yesterday refused to deny the existence of talks with Castorama, or if it was planning a rights issue to fund the purchase of the outstanding minority, over which it has a 20-year option.
	business.guardian.co.uk /story/0,3604,665269,00.html (285 words)

	Castorama: Castorama Card
		In order to obtain Castorama Card one must be at the age of eighteen or more, be a permanent resident within the territory of the Republic of Poland and possess the credit capacity.
		The card application form may be submitted at the LUKAS Customer Service Desk in Castorama.
		Using Castorama card you don't need to get your money involved – the bank gives you the money.
	www.castorama.pl /castorama/castorama-card.html (0 words)

	Diy Abroad - France - Company Profile Home Channel News - Find Articles
		According to research conducted for Castorama last year, 59 percent of the French repair leaky faucets, 76 percent engage in some type of gardening work and 96 percent consider themselves do-it-yourselfers.
		Coq explained that the newest Castorama stores feature many showroom-type vignettes, similar to the elaborate kitchen and bath displays that used to be a staple in Eagle stores.
		Castorama's goal is to open at least 10 Brico Depots every year, and this year it plans to take the concept abroad.
	www.findarticles.com /p/articles/mi_m0VCW/is_15_26/ai_65075694 (919 words)

	Kingfisher - Regulatory News (Site not responding. Last check: )
		Castorama continued to revitalise stores and develop ranges during the first half.
		Castorama plans to relocate a further two stores in the second half and, as previously announced, transfer a further three to Brico Depot.
		At the half year Castorama operated 101 stores of which 31 are in the latest format, with the new store format stores continuing to outperform.
	production.investis.com /kgf/rns/rnsitem?id=1158213744nRNSN9360I&t=popup (3108 words)

	Reduction CASTORAMA, abris de jardin, piscine, tondeuse, salon de jardin
		Reduction CASTORAMA, abris de jardin, piscine, tondeuse, salon de jardin
		Castorama.fr : la boutique Castorama vous propose des articles de bricolage, jardinage et décoration nécessaires à l'aménagement et à l'entretien de la maison et du jardin...
		Le printemps approche et c'est pourquoi Castorama vous propose cette semaine, et jusqu'au 26 mars, des prix imbattables sur les produits jardin et aménagement extérieurs.
	www.consom-acteur.com /fleur-jardinage/castorama.html (0 words)

	ISAF - B&Q Castorama
		The 75-foot Castorama B&Q trimaran is approximately 180 miles from the Falkland Islands.
		At 1600hrs GMT Castorama B&Q was positioned at 53 55 S, 62 12 W - following in the footsteps of Steve FOSSETT and his crew on board Cheyenne who rounded Cape Horn on Wednesday evening, setting a new record in the process.
		Castorama B&Q will be staying at Mare Harbour south of Port Stanley on the eastern island.
	www.sailing.org /?id=j6fFhA,A~&MenuID=&Tkn=14114557 (487 words)

	Kingfisher plc : Home - About us - Our brands - Castorama
		Castorama Poland is the number one ranked DIY retailer (ASM** research), and has a market–leading position with 36 stores throughout Poland.
		Castorama Poland’s stores vary in size and offer a wide range of products for everyday home repair to major renovation projects.
		Castorama Italy offers a wide-range of home improvement products, including an extensive range of decorative products and a great range of softer, finishing touches.
	www.kingfisher.co.uk /index.asp?pageid=222 (0 words)

	Kingfisher swoops for Castorama \| Alistair Osborne \| Writers \| Money \| Telegraph
		Kingfisher looked set for a legal fight with Castorama last night over its plans to take full control of the French DIY business as part of a radical shake-up that would see the departure of chief executive Sir Geoff Mulcahy.
		Kingfisher, which admitted it had failed to get agreement with Castorama despite several weeks of talks, countered that it had followed Article 21 to the letter and the French commandites had no legal case.
		Under the 1998 merger agreement, Kingfisher and Castorama have jointly to appoint an independent bank to assess whether any offer for the minorities is fair value.
	www.telegraph.co.uk /money/main.jhtml?xml=/money/2002/05/16/cnking16.xml (652 words)

	Castorama - Castorama. Napisal admin w Niedzielę, 2005-05-15 01:31. Kingfisher – właściciel sklepów Castorama ...
		Castorama : Strona główna : Budujesz Remontujesz Urządzasz.
		Castorama, Strona główna - Castorama - Budujesz Remontujesz Urządzasz.
		Castorama Dubois Investissements SCA (Company), a company incorporated in France, is a "foreign private issuer," as defined in Rule 3b-4(c) under the.
	unicode.pl /castorama-721.html (2150 words)

	::: u.tv ::: (Site not responding. Last check: )
		B&Q-to-Comet group Kingfisher's £3.2 billion bid to take control of French DIY chain Castorama finally moved forward today as a new bank was appointed to referee the takeover battle.
		Castorama`s chief executive Jean Hugues Loyez also called for a reappraisal of the situation after discovering SSSB had already suggested 67 per share was a fair price before its appointment.
		Kingfisher last week criticised Castorama`s partners for using delaying tactics to frustrate the deal and chief executive Sir Geoffrey Mulcahy today said he was ``delighted`` the bid could move forward.
	u.tv /newsroom/indepth.asp?id=18720 (411 words)

	[No title] (Site not responding. Last check: )
		The firm (KGF.L: Quote, Profile, Research) said like-for-like sales for the 14 weeks to February 3 grew 1.3 percent at the BandQ UK chain, its biggest business, broadly in line with analysts' predictions.
		But it said the French side of the business, where it owns heating retailer Castorama, suffered, with gross margins hit by a combination of mild weather and increased competition.
		"Castorama continues to disappoint...The older stores, which account for 64 percent of the store portfolio, continue to underperform," Numis Securities said in a research note.
	today.reuters.co.uk /news/articleinvesting.aspx?type=stocksNews&storyid=2007-02-22T124841Z_01_NOA226931_RTRUKOC_0_KINGFISHER-TRADING.xml&src=rss (203 words)

	Atos Origin chosen by Castorama Italia to implement LucyStar Document Management solution
		In order to simplify Castorama Italia’s supply management system and boost its efficiency, Atos Origin is in charge of the redesign of the process and operational flows and of the implementation of the LucyStar Document Management solution developed by IDOQ Management.
		Castorama Italia is part of British group Kingfisher plc, the biggest European group and third-largest group worldwide in the DIY, decoration, gardening and building retail sector with an extensive network of 660 stores.
		The invoice processing phase is an area with significant savings potential: from the generation of invoices to suppliers and their reception to the processing and substitute filing system, thus enabling Castorama Italia to reduce costs, guarantee a better time management and efficient and timely tracking of information.
	www.atosorigin.com /en-us/Newsroom/en-us/Press_Releases/2006/2006_10_23_03.htm (569 words)

	BBC NEWS \| Business \| Castorama boss quits board
		He told Castorama shareholders last week that he contested both the price and the rationale behind Kingfisher's offer of £3.2bn for the remainder of the business.
		A Kingfisher spokesman said Mr Loyez would continue to run Castorama but he had left the Kingfisher board as there was a "clear conflict of interest".
		The Castorama board will now send its shareholders a circular inviting them to attend a meeting where a vote on the proposed Kingfisher takeover will be held.
	news.bbc.co.uk /2/hi/business/1998830.stm (187 words)

	Kingfisher Plc Offer for Castorama Dubois Investissements SCA: Market Regulation No-Action Letter dated June 4, 2002
		In regard to your letter dated May 17, 2002 as supplemented by conversations with the staff, this response is attached to the enclosed photocopy of your correspondence.
		Castorama Dubois Investissements SCA (Company), a company incorporated in France, is a "foreign private issuer," as defined in Rule 3b-4(c) under the Exchange Act, whose shares are not registered under Section 12 of the Exchange Act or listed on a U.S. exchange or quoted on the NASDAQ;
		Any purchases of the shares of the Company (Shares) by Kingfisher plc (Offeror), a public limited company organized under the laws of England, or any broker or other financial institution, in each case acting as agents for Offeror (collectively, the Prospective Purchasers), will be made in accordance with applicable French law; and
	www.sec.gov /divisions/marketreg/mr-noaction/kingfisher060402.htm (822 words)

	Castorama purchases interest in Turkish home center chain Home Channel News - Find Articles (Site not responding. Last check: )
		A source knowledgeable about this deal said that Castorama would provide "retailing skill sets" to Koctas, whose current management is expected to stay on to run the business.
		One informed source said that he expected Castorama to open larger stores in Turkey than Koctas currently operates.
		Indeed, Martin Toogood, the CEO of the B&Q division of Castorama, told NHCN that B&Q and Castorama -- which merged in 1997 -- are working on what he called a "European warehouse home center" model that could be used for expansion purposes across the continent.
	www.findarticles.com /p/articles/mi_m0VCW/is_6_26/ai_61556826 (647 words)

	Castorama - Italy Magazine Forums
		I have just been looking at the Castorama catalogue on their web site to get a feel of the cost of boilers, radiators, bathroom suits, kitchens etc and either I'm too thick and can't see for looking but can't find a page to request a catalogue.
		He will be going to Castorama as soon as he gets there to get some of the thing we need but lets face it ladies, have you ever trusted your man to go shopping alone with just a description of the thing you want.
		Don't worry about Castorama, theres more to Kitchens than Castorama, you are not far from Francavilla Fontana, If you take the exit for central comercial after the Villa Castelli exit on the way to Taranto E90.
	www.italymag.co.uk /forums/building-renovation/935-castorama.html (697 words)

	Digital Look - News Channel - Company Announcements (Site not responding. Last check: )
		CASTORAMA sales were £382.3 million, down 4.4% (4.4% LFL decline).
		Castorama Poland - Sales were £75.5 million, a decline of 22.8%.
		Castorama Italy - Sales were £56.6 million, up 20.4% (7.8% LFL) and retail profit was £5.1 million, up 200.0%.
	www.proshareclubs.co.uk /cgi-bin/digital/rns.cgi?story_id=485614 (1421 words)

	Kingfisher to pin down Castorama \| General Retailers \| Sectors \| Business \| Money \| Telegraph
		Although negotiations between Kingfisher and Castorama are said to have made considerable progress, Kingfisher hopes that publicising its offer will put pressure on the French to accept it, or at least put the French management team on the defensive at Castorama's annual meeting on Thursday.
		Relations between Sir Geoff and Jean-Hugues Loyez, Castorama's chief executive and a Kingfisher director, are particularly strained.
		Since Kingfisher does not have control of the Castorama board, it has found it extremely difficult to achieve cost savings from centralised buying and distribution during the past four years.
	www.telegraph.co.uk /money/main.jhtml?xml=/money/2002/05/15/cnking15.xml (427 words)

	Observer \| Kingfisher in cockfightwith French resistance
		So now that Kingfisher has decided to implement what it regards as its right to acquire the 45 per cent of Castorama that it does not own, the pretence of harmony they have sustained for almost five years is over.
		According to Kingfisher, the court ordered Castorama to come back with three fresh names after which, if the two sides could not agree on one, he would make a choice.
		Kingfisher will want Castorama to be happy with the new appointment in order to avoid another legal wrangle.
	observer.guardian.co.uk /print/0,,4425874-102271,00.html (885 words)

	[No title]
		Castorama, which has the yellow jersey, is still keeping up the pressure.
		Frenchman Francois Simon of Castorama launched an attack as the pack moved towards its first sprint at Sables-d'Or-les-Pins-Frehel on the Brittany coast.
		Clearly Castorama is keeping up the pressure after team member Jacky Durand won the leader's yellow jersey in the prologue Saturday.
	www.cyclingnews.com /results/archives/letour/stage1.html (450 words)

	Castorama a doublé ses revenus en ligne en 2004
		Castorama a doublé ses revenus en ligne en 2004
		Doté d'un site marchand depuis 2001, l'enseigne Castorama annonce avoir doublé ses revenus en ligne l'année dernière.
		Castorama stimule, d'autre part, ses revenus en ligne en proposant aux internautes l'exclusivité sur une sélection de produits, non vendus en magasin.
	www.journaldunet.com /0504/050427castorama.shtml (0 words)

	CNN.com - Kingfisher backed over DIY bid - July 8, 2002
		Monday's ruling by investment bank Rothschild -- appointed by Britain's Kingfisher and France's Castorama because the 67-euros-a-share deal was considered too low by a group of Castorama shareholders -- gives Kingfisher control of the world's third-largest DIY retailer.
		Kingfisher (KGF), which owns the Comet and Darty electrical shops, made its offer to buy the 45 percent of Castorama (PCY) it does not already own two months ago.
		Castorama's stock price rose 3.1 percent to 66.10 euros on Monday morning.
	edition.cnn.com /2002/BUSINESS/07/08/kingfisher (328 words)

	BBC News \| BUSINESS \| Kingfisher eyes Castorama
		Castorama is to be brought into the Kingfisher fold
		The overhaul is designed to restore investor confidence in the company, battered by the underperformance of Castorama relative to B&Q. Kingfisher's own share price has lagged that of other major British retailers in recent months, despite a sustained boom in property prices and consumer spending.
		The company's stock edged slightly lower in early trade on Wednesday in response to the new share issue, falling 3p to 382p.
	news.bbc.co.uk /2/hi/business/1988512.stm (322 words)

	Agreement: Catorama Italia & ETL SEMKO (Site not responding. Last check: )
		For Castorama’s convenience, ETL SEMKO Italy is maintaining an archive of all the technical files examined.
		In view of the great commitment and expenditure of resources required for fully meeting these responsibilities, Castorama Italia decided to rely upon ETL SEMKO whose testing and certification expertise, and large international network, enables it to monitor products all the way from worldwide production plants to Castorama warehouses.
		In Italy, Castorama has 14 retail outlets concentrated in the north and is one of the major players in the home improvement and DIY market.
	www.intertek-etlsemko.com /portal/page?_pageid=34,50974&_dad=cust_portal&_schema=CUST_PORTAL (352 words)

	INTERNATIONAL BRIEFS; Kingfisher Agrees To Castorama Deal - New York Times
		Under the terms of the proposed deal, Kingfisher would exchange 100 percent of B&Q for a 54.6 percent stake in the fully diluted equity of an enlarged Castorama, worth $4 billion.
		The deal calls for Castorama to issue 22 million new shares in payment to Kingfisher.
		The proposed combination is said to have the backing of Castorama's Dubois family, which founded the company 30 years ago and controls Castorama's voting shares.
	query.nytimes.com /gst/fullpage.html?res=9403E6DC1239F935A1575AC0A96E958260 (132 words)

	The Scotsman - Business - Loyez resigns from Castorama board
		CASTORAMA chairman Jean-Hugues Loyez - a vocal opponent to Kingfisher’s £3.2 billion bid for control of the French DIY chain - has quit the board.
		The B&Q-to-Comet group wants to buy the 45 per cent of Castorama it does not already own.
		His opposition raised concerns that the deal would be hindered, but yesterday Kingfisher said Loyez had resigned from the board.
	thescotsman.scotsman.com /business.cfm?id=547832002 (158 words)

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