ABU DHABI / WAM Following consultations and approval of President His Highness Sheikh Mohamed bin ...
Read More »Coles spinoff plan may put Australian retail giant in play
Bloomberg Wesfarmers Ltd.’s plan to spin off its Coles supermarket and convenience stores could put the Australian retailing giant in play. The business, which generated A$39.2 billion ($30.5 billion) in sales from 2,500 stores in fiscal 2017, could be attractive to a buyer looking to make a big splash Down Under, Citigroup Inc.’s Sydney-based credit specialist Anthony Ip said. “We ...
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