WOW woolworths group limited

News: WOW Australia's Woolworths buys 65% stake in PFD Food Services

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    Aug 19 (Reuters) - Australia's Woolworths (WOW) said on Wednesday it would buy 65% of PFD Food Services and its properties for A$552 million ($399.4 million).

    Australia's biggest supermarket chain will pay A$302 million for the stake, and A$249 million for the freehold properties that will be leased back to the food service firm. ($1=1.3822 Australian dollars)

 
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