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Retail group Kingfisher, owner of retail brands including Woolworths, B&Q and Comet, has announced it is to demerge into two listed companies.

Retail group Kingfisher, owner of retail brands including Woolworths, B&Q and Comet, has announced it is to demerge into two listed companies. The split is expected to take place next May. A company spokesperson says no design consultancies have yet been approached about branding.

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