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  1. The takeover of Coles Group

The takeover of Coles Group

The long-running battle to buy Australian retailer Coles Group looked to have reached a conclusion earlier this week when the company accepted a bid from local conglomerate Wesfarmers. However, as Ben Cooper reports, the market remains unconvinced that Wesfarmers is the right owner for Coles ? which could open the door for last-minute rival offers.

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…

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