Business
Woolworths (ASX:WOW) share price down as it savours potential Oakridge Wines purchase
The Woolworths Group Ltd (ASX: WOW) share price is down today as the Australian Financial Review (AFR) reports the retailer is looking to purchase Oakridge Wines.
As of writing, the Woolworths share price is down 0.41% to $38.74. In comparison, the S&P/ASX 200 Index (ASX: XJO) is 0.23% lower.
Endeavour Group wants Oakridge
Woolworths’ Endeavour Group, which the company will spinoff later this year, is looking to purchase the La Trobe Valley winemaker as it faces increasing competition. Endeavour, which is both a producer and seller of wine, wants to strengthen its wine portfolio. The group’s range of wine brands…
-
General19 hours agoTributes flow after Australian Paralympic bronze medallist Nicholas Hum dies aged 32
-
General15 hours agoNT’s top year 12 achievers celebrated, with some looking to pursue teaching careers
-
General15 hours agoReuven Morrison was killed in the Bondi Beach shooting one year after warning about antisemitism
-
Noosa News15 hours agoUpdate: Attempted murder charges, Maroochydore