Home Depot and Lowe's Rumored as Potential Buyers for UK Home Improvement Retailer KingFisher

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Kingfisher (KGFHY) shares rallied in London Tuesday after vague chatter that two U.S. DIY retailers Home Depot HD and Lowe's LOW could put in a bid for the UK home improvement retailer. Home Depot and Lowe's may see KingFisher as a way to expand into Europe. In addition to the UK locations, Kingfisher has stores in Poland, France and Turkey.
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