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However, he launched a passionate defence of his retail group.
WALL STREET JOURNAL Super Retail Group Buys Sporting Goods Chain | Australia's Super Retail Group has agreed to buy the sporting goods chain Rebel Group, Reuters reports.
Shares in Argos owner Home Retail group jumped 12% on Monday after the emergence of a £1.4bn rival offer from South African retail group, Steinhoff.
Sainsbury's has tabled a £1.4bn takeover of Home Retail Group after South African retail group Steinhoff ditched plans to make a rival bid for the Argos owner.
"Black Jack Dellall helped to finance Green's takeover of retail group Sears in 1998.
8.38am GMT Retail group Kingfisher has been bruised by France's weak economy.
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The UK's second biggest supermarket group completed a £1.4bn takeover of Home Retail Group, which owns Argos, in September.
X5 Retail Group NV operates as a holding company, which operates retail grocery stores.
The Retail Group segment operates retail convenience stores that sell gasoline, diesel fuel and convenience store merchandise.
GUS's main business is Argos, a catalog retailer, and Homebase will be part of the Argos Retail Group.
Growth was helped by the popularity of the retailer's "Check & Reserve" service, Home Retail Group said.
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