API Board Backs $764M Wesfarmers Takeover
Australian Pharmaceutical Industries has entered into a Scheme Implementation Deed with Wesfarmers, agreeing to a $764M takeover after Sigma Healthcare withdrew from... Read More
Wesfarmers Stores Seeing “Pent-Up Customer Demand”: CEO
Wesfarmers CEO Robb Scott has told shareholders that its retail businesses are well positioned to recover, with strong sales “demonstrating a level... Read More
Wesfarmers Acquire 19.3% Stake In Priceline Owner, In Bid To Take Over
Wesfarmers has hit back hard after Sigma Healthcare made a “more favourable” bid for Priceline owner, Australia Pharmaceutical Industries, buying a 19.3... Read More
Wesfarmers’ Priceline Takeover Thwarted By New Merger Offer
Wesfarmers’ proposed takeover bid of Priceline Pharmacy owner Australian Pharmaceutical Industries is under fire, after Sigma Healthcare put forward a new merger... Read More
Wesfarmers Set To Buy Priceline Owner After Higher Bid Approved
Wesfarmers’ bid to take over Priceline owner Australian Pharmaceutical Industries (API) has taken a step forward, with the API Board indicating it... Read More
Aussie Retail Cautious About Christmas Reopening
The CEOs of Wesfarmers and JB Hi-Fi are among those hoping for a retail reopening to make the most of a post-pandemic... Read More
Kmart On The Up, Revenue Nears $10 Billion
Kmart Group has enjoyed a strong year, with revenue up 8.3 per cent to $9.98 billion, as parent Wesfarmers looks to grow... Read More
Bunnings Reports “Extraordinary Growth” For FY21
Despite all the jokes about people visiting Bunnings during a period in which they should be in lockdown, it appears there is... Read More
Officeworks Thrives Despite Lockdowns
Online penetration, a new subscription model, and “customers establishing spaces to work and learn at home” during the pandemic has all resulted... Read More
Wesfarmers Wants Financials Before Making Higher Priceline Bid
Wesfarmers is apparently after price-sensitive information from Priceline owner Australian Pharmaceutical Industries before it lifts its bid to buy out the company.... Read More