Discount retailer joins FTSE 100 for first time
Retail group B&M is to enter the FTSE 100 after nearly doubling its share price since lockdown.
The Liverpool-headquartered business is now valued at £4.75bn, making it one of the UK's most valuable public companies.
It has replaced broadcaster ITV, which has lost 60% of its value this year, accelerating a downward trend that stretches back over five years.
B&M Group is a discount retailer with 650 B&M and 275 Heron Foods stores in the UK and 90 Babou stores in France.
The first store, Billington & Mayman, opened in Cleve... 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...
