Toolstation take over

Heading to Waterloo? Then you could face delays

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DIY chain Toolstation, which has outlets in Rodney Road, Portsmouth and Talbot Road, Fareham, has been bought out by Travis Perkins.

Travis Perkins acquired 30 per cent of the company in 2008, and yesterday completed the deal for total control.

The total paid so far for the company is £42 million, with further payments if it hits targets.