# Ferguson completes Wolseley UK disposal

- Link: https://www.directorstalkinterviews.com/ferguson-completes-wolseley-uk-disposal/412957587
- Published: 2021-02-01T08:27:56+00:00
- Author: Amilia Stone

**[Ferguson plc](https://www.directorstalkinterviews.com/ftse-company/ferguson-plc/ferg.l)**(
LON:FERG) has confirmed the completion of the disposal of Wolseley UK, its plumbing
and heating distribution business, to Clayton, Dubilier and Rice.

The Company previously announced its intention to return substantially all of the
net proceeds of the disposal to shareholders by way of a special dividend.

Ferguson expects to provide further details regarding the arrangements for payment
of this special dividend with the Half Year results on March 16, 2021.

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