.
Wesfarmers Limited (ASX:WES) has scored the green light from Australia’s competition regulator to buy Workwear Group.The conglomerate inked a deal with Pacific Brands Limited (ASX:PBG) in August to buy the asset for $180 million.The Australian Competition and Consumer Commission has today stated that it will not oppose the proposed transaction.Wesfarmers Managing Director Richard Goyder says the decision has cleared the way for the deal to be tied up by the beginning of next month.Wesfarmers reported a net profit of $2.68 billion in the full 2014 financial year.
News: Wesfarmers closes in on Workwear Group
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WES (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$68.42 |
Change
0.780(1.15%) |
Mkt cap ! $77.60B | |||
| Open | High | Low | Value | Volume |
| $68.59 | $68.75 | $68.21 | $65.14M | 950.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2988 | $68.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $68.46 | 3234 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WES (ASX) Chart |