The owner of Homebase plans to initiate a sale following potential interest from The Range.

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Homebase, the well-known DIY retailer, may soon have a new owner as talks have begun about a potential sale to one of Britain’s largest general merchandise chains. Hilco Capital, who took over the struggling company in 2018, has been approached by The Range, a rising star in the retail industry. Sources close to the matter have confirmed that discussions have taken place, but it is not yet certain…

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