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The Latest Breaking News from HomeServe

Badenoch does not deny key Tory donor has pulled funding

Richard Harpin, the founder of repairs business HomeServe and review website Checkatrade, has been a long-time donor to the Conservatives.

Evening Standard

Tories lose one of their biggest donors in major blow to Kemi Badenoch

Exclusive: Richard Harpin pauses donations in move insiders say will result in closure of party’s northern HQ

The Guardian - UK

One in three people ‘love their home as much as their partner’

Nearly half of people surveyed would take it personally if someone criticised their property, according to home assistance provider HomeServe

Evening Standard

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read the most diverse news in one place.

How to clean a kitchen sink drain - expert-approved steps to remove build-up and bad smells

Clear any blockages and freshen up your sink plughole using kitchen cupboard staples

Ideal Home

Sarah Beeny warns people not to ignore simple home maintenance tasks this winter

Beeny has said some simple tasks may help homeowners avoid more costly issues further down the line.

Evening Standard

Easter Monday ‘could see spike in home emergency callouts’

Blocked drains and faulty flushing mechanisms were behind many callouts on Easter Monday last year, according to data from HomeServe.

The Independent UK

Who are the Tories’ recent biggest donors after Frank Hester?

Company founders, a member of the Sainsbury dynasty and a vice-chair of a textile giant have donated large sums to the party

The Guardian - UK

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Dad's attempt to save money with DIY roof repair cost him £4,500 to get fixed

Tom thought doing the work himself would be the cheaper option

Wales Online

DIY disaster dad forced to fork out £4,500 after trying to fix ceiling himself

Tom Saunders, who lives in Hastings, East Sussex, thought it would be much cheaper to do the roofing work himself but now says he has "definitely learnt my lesson"

Daily Mirror

Home emergency callouts predicted to spike on Easter Monday

Home assistance provider HomeServe said it has seen a noticeable peak in claims on the Monday bank holiday.

The Independent UK

HomeServe UK acquires boiler installer Hereford Heating

The group now owns five such businesses

Birmingham Post

Homeserve boosts Checkatrade with £4.1 billion takeover on track

Business has made acquisitions in North America, France, Spain and the UK

Evening Standard

HomeServe’s recent share price drift makes its buyer look opportunistic

The UK firm is likely to trade higher and its fundamentals look sound, suggesting this is a takeover that doesn’t need to happen

The Guardian - UK

Morning Brief: Top Financial Stories Dominating on Thursday, May 19

CNBC CDC Looking Into 180 Cases Of Unexplained Pediatric Acute Hepatitis

Benzinga

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Benzinga

Brookfield Buys UK's HomeServe For £4.1B

Brookfield Asset Management Inc (TSX:BAM) (NYSE:BAM) disclosed a recommended cash offer for British home repair services provider HomeServe plc (OTC:HMSVF) for £4.08 billion (~$5 billion). HomeServe shareholders will receive 1,200 pence in cash for each share held. The offer price represents a 71% premium to the closing price per HomeServe share of 704 pence…

Benzinga

Brookfield Asset Management Nears One Of 2022's Biggest Take-Privates In UK: Bloomberg

Brookfield Asset Management Inc (NYSE:BAM) is nearing a takeover of UK-based emergency household repairs provider HomeServe Plc, reported Bloomberg. According to people familiar with the matter, the deal would be one of the U.K.’s largest take-private transactions this year. The deal is set to value HomeServe plc (OTC:HMSVF) at about $5 billion. Brookfield is working…

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