Wesfarmers Archives - Inside FMCG
Wesfarmers sells stake as Coles now faces the wrath of Fair Work following years of underpayments.
The online marketplace will continue to operate as an independent business unit.
Amazon, Woolworths and Wesfarmers make the list.
Wesfarmers is expected to fall down the list this year following the demerger of Coles.
Retail conglomerate expecting to post earnings of between $385 million and $400 million at half year results.
John Merakovsky selected for the newly-created role as Coles lists on the ASX.
Coles to commence trading on ASX on November 21 under the code ‘COL’.
Catch up on the top stories from the week.
Wesfarmers shareholders have approved the $20 billion demerger.
Wesfarmers shareholders meet later today to cast their vote on the proposed $20 billion demerger.