The takeover of Coles Group

New Coles owner looks to reassure investors

The long-running battle to buy Australian retailer Coles Group looked to have reached a conclusion earlier this week when the…

AUS: Wesfarmers clinches A$22bn deal for Coles

The diversified conglomerate Wesfarmers has reached an agreement with the board of Australian retail group Coles for a recommended cash and…

AUS: Ex-Asda boss joins Wesfarmers bid for Coles

Wesfarmers, one of the suitors for Coles Group, today (30 April) confirmed the involvement of Archie Norman in the consortium’s…

AUS: Coles to consider sale

Lowering its earnings guidance in the face of a poor performance from its supermarket division, Australia’s second largest retailer Coles…