WESFARMERS on Friday entered into a trading halt as it provides details on its proposed $20 billion demerger of Coles, on which shareholders will vote November 15.
If the demerger proceeds, which is subject...
WESFARMERS Ltd posted record earnings in core divisions on Wednesday, sending its shares to an all-time high as investors glimpsed the rapid growth promised by a seismic overhaul of the company’s portfolio.
Although...
AFTER a decade of turning Coles around, Wesfarmers will demerger their $20 billion supermarket business. Retail expert Gary Mortimer tells Australian Food News why Wesfarmers is cutting Coles loose, and...
Australian customers, communities and the economy have benefited from supermarket group Coles’ “investment in lower prices”, according to Coles Managing Director, Ian McLeod.
At the same time, Coles...
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