Tag: UK

Hays set to offload chemicals and mail businesses

Hays is considering selling its chemical business and a lossmaking Spanish mail operation. Ronnie Frost, executive chairman of the business services group, said Hays was expected to make a decision on whether to sell the two businesses before September. Analysts estimate the chemicals division could be worth between £80m ($112.4m) and £150m. They said it was not possible to put a value on the Spanish parcels business, because the division was lossmaking.

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