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takeover speculation, page-2

  1. 580 Posts.
    Here's the article from the Australian.

    Roger Corbett CEO of Woolies said a month ago he was interested.

    27/6/2005
    Author: Katherine Jimenez, Michael West
    Source: The Australian --- Page: 25
    Two Australian discount retail chains are considering the sale of their merged businesses. The Warehouse Group and Miller's Retail are discussing the possibility of combining their businesses for a sale. About four private equity firms have indicated interest in the businesses. The merged business would comprise over 400 stores and could be worth about $A300 million. Miller's is undertaking a strategic review and could recommend that the struggling discount business be sold. Each business controls about seven per cent of the discount department store market.


 
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