https://phys.org/news/2018-05-australia-wesfarmers-struggling-britain-homebase.html

It expects to record a loss of up to £230 million from the sale to British restructuring fund Hilco, which also owns Britain's largest music chain HMV.

Wesfarmers had already reported a £531 million write-down for Homebase for the six months to the end of 2017.