Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Plumbing company Ferguson said it had completed the sale 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 said.
'Ferguson expects to provide further details regarding the arrangements for payment of this special dividend with the half year results on March 16, 2021,' it added.