Kingfisher expansion

London, August 13 (Bloomberg) " Kingfisher, the third-largest home-improvement retailer, said it will raise £614m by selling and leasing back 182 properties, including Woolworths stores, to cut debt and expand overseas. London & Regional Properties and Goldman Sachs' Group Whitehall Real Estate fund will pay £600m in cash on completion, with the balance payable in cash within five years. That's £19m more than the book value 3 February. The owner of the Castorama and Darty chains in France and B&Q and Comet in the UK is focusing on home improvement and consumer electronics, which are...