WH Smith high street division

WH Smith's high street division has been sold to Modella Capital for £76 million, marking the end of the WH Smith name on Britain's high streets.

Summary of transaction details:

• Value: £76 million
• Sector: Consumer Goods
• Advisor: Not disclosed
• Key Entities: WH Smith, Modella Capital
• Location: UK

Note: The sale reflects WH Smith's shift in focus towards its fast-growing travel division, which operates retail stores in airports, train stations, and hospitals across 32 countries.