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Wesfarmers

Wesfarmers Archives

Rival pharmaceutical company seeks to keep API from Wesfarmers

Sigma Healthcare looks to sweep up its rival before Wesfarmers can create its new division.

Wesfarmers makes revised bid for Priceline-owner

API's board is recommending shareholders back the revised offer, which will now see them paid out at a 37 per cent premi...

Here’s why retailers are facing higher transport costs and shipping delays

Covid-19 is continuing to disrupt the global supply chain, and logistics experts warn that retailers need to get stock o...

Wesfarmers results jump as Bunnings, Kmart and Officeworks boom

Wesfarmers has joined in the parade of businesses reaping the rewards of a strong year of trade, despite ongoing movemen...

API rejects “opportunistic” $687m Wesfarmers bid

API said Wesfarmers’ offer, which sat at a premium of 18.7 per cent of the three-month volume weighted average price, wa...

Wesfarmers makes $687 million bid at picking up Priceline

Wesfarmers managing director Rob Scott said the acquisition would also enable the conglomerate to enter the “growing hea...

Wesfarmers opens raft of new stores across Australia

The new sites are manned by over 220 new hires, the business said.

Wesfarmers sells stake in Coles for $1.05 billion

Wesfarmers sells stake as Coles now faces the wrath of Fair Work following years of underpayments.

Wesfarmers to purchase Catch Group for $230 million

The online marketplace will continue to operate as an independent business unit.

Retail giants among the top companies to work for in Australia

Amazon, Woolworths and Wesfarmers make the list.

Wesfarmers, Woolworths named among Australia’s top companies

Wesfarmers is expected to fall down the list this year following the demerger of Coles.

Wesfarmers looks forward to $2.1bn gain from Coles demerger

Retail conglomerate expecting to post earnings of between $385 million and $400 million at half year results.

CEO appointed for flybuys

John Merakovsky selected for the newly-created role as Coles lists on the ASX.

Supreme Court approves Coles spinoff

Coles to commence trading on ASX on November 21 under the code 'COL'.

This week in FMCG

Catch up on the top stories from the week.

Wesfarmers shareholders vote overwhelmingly in favour of Coles demerger

Wesfarmers shareholders have approved the $20 billion demerger.

Decision day for Coles as Wesfarmers shareholders vote

Wesfarmers shareholders meet later today to cast their vote on the proposed $20 billion demerger.

Coles quarterly sales leap by five per cent

Little Shop promotion and flybuys investment helped the supermarket giant.

Wesfarmers details Coles strategy post-demerger

Retailer will seek out new investment opportunities if demerger is approved.

Wesfarmers requests trading halt ahead of announcement

The key details around its planned $20 billion demerger of Coles are expected to follow.