LONDON - The former retail giant announced the final stage of its dismemberment programme.
Within the next "six to twelve months" GUS Group plans to demerge its remaining trading assets: the Argos Retail Group and credit ratings, CRM and data-mining specialist Experian.
Each will be separately listed on the London Stock Exchange.
"Both ARG and Experian are now well-positioned in their chosen markets and both have proven management teams and clear strategies for growth," said GUS chairman Sir Victor Blank.
GUS to Demerge Argos and Experian
News, 29 March 2006
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