UK - Blackstone and KKR target Argos and Homebase

GUS, the parent company of Argos and Homebase retailers (ARG)and Experian, the business information provider, which is intent on a demerger of the two divisions in October, is reported to have received private equity offers for both arms of the company. Blackstone and KKR were thought to have been among the private equity companies who had their offers for the whole of GUS rejected earlier this month. According to the Telegraph, the Blackstone/KKR team is still interested in the buying the company as a whole.