HomeServe exits Italian joint venture
HomeServe will exit its Italian joint venture to concentrate on "other more attractive markets".
The home repairs business had a 49% stake in Assistenza Casa, which it has agreed to sell to its partner, Edison, for an undisclosed sum.
The company said: "International business development resources will be focused on the recently announced joint venture with Mitsubishi in Japan and prospecting other more attractive markets."
The Walsall-headquartered group, which reported annual revenues of more than £1bn in its last financia... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...