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Wesfarmers’ surprise offer to buy Priceline owner knocked back as low-ball, ‘opportunistic’ after Covid dented profits – NEWS.com.au
Wesfarmers’ surprise offer to buy Priceline owner knocked back as low-ball, ‘opportunistic’ after Covid dented profits
Priceline has knocked back a takeover offer from Bunnings owner Wesfarmers, saying the bid is not compelling and opportunistic given the impact lockdowns have had on its shops. The conglomerate, which also owns Kmart, Target and Officeworks, launched the…
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