Discovered another article that discusses the various avenues that WOW has explored in recent times in order to generate some growth. Includes a few from WES's stable and JB HiFi which, as you mention Shane, was bandied about a while back. Perhaps the delay was due to Mitre 10 being the preferred option but was just too hard and ended up wasting a lot of time?
Article mentions possible counter bid by WES for Danks, but not sure that a) they'd be interested or b) the ACCC would be too keen.
http://www.intelligentinvestor.com.au/articles/comparative-review/Wesfarmers-to-win-hardware-battle.cfm?articleID=910093
woolworths moves into hardware, page-10
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$33.06 |
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-0.160(0.48%) |
Mkt cap ! $40.38B | |||
| Open | High | Low | Value | Volume |
| $33.02 | $33.30 | $33.02 | $41.28M | 1.246M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31 | $33.05 |
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| Price($) | Vol. | No. |
|---|---|---|
| $33.08 | 45 | 1 |
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