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Wesfarmers plans to spin off Coles

Wesfarmers plans to spin off Coles

4-TRADERS | Daniel Mueller, a portfolio manager and analyst at Wesfarmers shareholder Vertium Asset Management, said the spinoff is a “bit of a masterstroke by management,” saying Coles appears undervalued compared with Woolworths. Read full article in 4-Traders

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19, March 2018
ASX | Australian equities | Australian shares
Australia's Wesfarmers sees signs of grocery recovery as H1 profit slumps

Australia's Wesfarmers sees signs of grocery recovery as H1 profit slumps

REUTERS | “Many analysts have been bagging Coles and jumping on the Woolworths bandwagon so today’s result was a reminder that Coles is turning around,” said Daniel Mueller, a portfolio manager at Vertium Asset Management. Read full article in Reuters

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22, February 2018
Australian equities | Australian shares | Reporting season