More exits seen from Coles buyout group
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SYDNEY/MELBOURNE  - Up to two more members of the private equity group looking at buying Australia's Coles Group Ltd.  were expected to abandon their bid after the consortium hinted Wednesday more departures were imminent.
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COLES Myer customers could soon be able to pick up a managed fund portfolio with their weekly shopping after chief executive John Fletcher flagged a move into financial planning.
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Shares of Australian Leisure &amp; Hospitality Group, the nation&#39;s biggest pubs owner, may rise after Coles Myer Ltd. increased its takeover offer to A$1.
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Supermarket chain Somerfield is to take control of more than half of Scotland&#39;s Safeway branches. They are being sold by the company&#39;s new owner Morrisons as part of a Â£260m deal.
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Global private equity group CVC   has pulled out of a consortium eyeing a bid for Australia&#39;s  Coles Group Ltd.  after going through the retailers&#39;  books, the buyout group said Monday.
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THE currency conundrum surrounding Coles Myer has now gone well beyond a few isolated voices of dissent. It has infected the analyst community, where chief executive John Fletcher&#39;s assertion
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Private equity group Kohlberg Kravis Roberts (KKR)  said on Monday it had withdrawn from a consortium looking at bidding for Australian retailer Coles Group Ltd. .
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SHOPPERS across Scotland are facing yet more change in the high street with a string of supermarket stores changing ownership for the second time in seven months.
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The withdrawal of private equity  bidders from an auction for Australian retailer Coles Group  Ltd.  has underscored how the demands of increasingly  risk averse borrowers threaten some of the more debt-laden  deals.
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Management leads a $4.7 billion buyout bid. Are other bids on the way?
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ALAN KOHLER: We&#39;re now halfway through Coles Myer&#39;s ambitious five year plan but this week&#39;s record profit announcement produced little more than a yawn from the market, grumbling that it has already priced in the good news.
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Wesfarmers Ltd.  is close to  sealing its takeover of Australian retailer Coles Group Ltd.   after sweetening its bid in last-minute weekend  negotiations, the Australian Financial Review said on Monday.
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The real issue users need to keep their eyes on is will these three companies be able to leave well enough alone. How other companies have handled past acquisitions might provide some insight into how these company mergers and their products will fare long term.
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Global private equity group CVC  has pulled out of a consortium eyeing a bid for Australia's Coles Group Ltd.  after going through the retailers' books, the buyout group said Monday.
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RETAILER Coles Myer was interested in moving into financial planning services for its customers, its chief executive said yesterday.
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Business & money: Â· Buyout firms blamed for collapse of schemesÂ· Labour donor linked to Â£81m of deficits
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Somerfield is embarking on a rapid expansion by buying small Safeway stores that are no longer wanted by WM Morrison. Having fended off an unwanted takeover bid last year, Somerfield raised Â£51m through a