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Metcash’s five-bagger Total Tools deal is built on the COVID building boom – The Australian Financial Review

Metcash’s deal to buy another 15 per cent of Total Tools suggests its value jumped fivefold in 10 months as Australia’s property…

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Chief executive Jeff Adams, who delivered investors a 27.1 per cent increase in underlying net profit (to $252.7 million for the full year ended April 30), a 40 per cent increase in the final dividend and a $175 million share buyback, says the higher valuation…

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