Woolworths brings in US reinforcement to take on Bunnings

In what is seen as a strategic move to destabilise the Wesfarmers Group, Woolworths has teamed up with US giant Lowe’s Companies to launch a new chain of hardware stores.

Wesfarmers snaps up six

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Sydney-based private equity group Gresham Partners, controlled by Wesfarmers, is spending about $200 million on six family-owned transport and logistics businesses around the country, which it will consolidate into a larger outfit to be called Silk Logist

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