Woolworths Ltd. Salvages $380 Million in Home Improvements ExitBy
Australian supermarket chain announces three-part sale
Joint venture with Lowe’s cost Woolworths billions of dollars
Woolworths Ltd. expects to salvage A$500 million ($380 million) exiting its home-improvements venture after a failed attempt to take on Australian market leader Bunnings Ltd. cost shareholders billions of dollars.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.