ARW’s owner in bid for Coles

Tuesday, 3 April 2007 Books+Publishing

In what would be the biggest corporate takeover in Australian history, Wesfarmers (which owns the Bunnings DIY chain) and Pacific Equity Partners (PEP, owner of Angus & Robertson Whitcoulls) have detailed a $19.7 billion proposal to buy Australia's largest retailer, the Coles Group, according to a report in today's Age...