Priceline Owner’s Board Nixes Wesfarmers Buyout Offer
Wesfarmers has hit a snag in its bid to buy out Australian Pharmaceutical Industries, with the Priceline owner’s board unanimously rejecting the... Read More
Wesfarmers Hits All-Time ASX High
Wesfarmers has been trading at an all-time high today on the ASX, reaching $62.69 just after 11am, after opening strongly at $62.11.... Read More
Wesfarmers Might Be Buying Class Action Headache With API
Wesfarmers might be buying more than a chain of pharmacies, as Australian Pharmaceutical Industries faces a pending class action suit from current... Read More
Wesfarmers Makes $687M Offer For Priceline Owner API
Wesfarmers is making moves into the pharmaceuticals world, making a $687 million offer for Australian Pharmaceutical Industries, owner of Priceline Pharmacies. The... Read More
Bunnings Outlines Its Simple Plan To Stay Ahead Of The Game
Bunnings Group has a simple plan for continued success: maintain a disciplined focus on lowest costs to support delivery of lowest prices... Read More
Officeworks Looks To Double Its Addressable Market
Officeworks sees a potential doubling of its addressable market as it moves to overhaul its supply chain technology and expand its SME... Read More
Target Commercial Model Reset Is Complete, Says Wesfarmers
Target is now a “smaller and simpler business with a significantly reduced fixed cost base,” according to Wesfarmers, who held a Strategy... Read More
Speculation, Target Up For Sale & Officeworks Moving Into Education Market
Wesfarmers has today briefed the market at a fund’s managers event with speculation mounting that the group is looking to sell the... Read More
Wesfarmers Chief Executive Applauds The Budget
Wesfarmers chief executive Rob Scott has welcomed the Federal Budget, highlighting the support for small-to-medium business investment, saying it “recognises the central... Read More
Bunnings Gets Green Light For $48m NSW Megastore
Bunnings is set to open a mammoth new $48 million five-storey retail outlet in Sydney’s Northern Beaches after getting the nod from... Read More