Woolies wary of ALH buy
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WOOLWORTHS would walk away from its $1 billion deal to buy pubs owner Australian Leisure and Hospitality Group if it didn&#39;t get a happy-hour price, the retailer said yesterday.
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Business & money: Retail Watchdog may be on trail of bullyboys whose threats drive down prices.
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SYDNEY (Dow Jones)--Australian retail heavyweight Woolworths Ltd. (WOW.AU) Monday said annual net profit rose 12% to A$731 million, and predicted solid growth this
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Australian retail giant Coles Myer launched a 1.18 billion dollar (861 million US) bid for pub and liquor store group ALH, trumping a lower offer by rival Woolworths.
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Woolworths has probably won the first phase of the battle for Australian Leisure &amp; Hospitality Group. Whether that translates into clear leadership of the Australian liquor retailing
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British sweets-to-DVDs retailer Woolworths Plc  said that trading over the key Christmas period was "very challenging", knocking its shares, but it expected its retail unit to return to profitability this year.
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SYDNEY: Woolworths Ltd said it will extend its latest bid for hotels group ALH Ltd after Australia&#39;s takeover regulator intercepted what could have been a knock-out blow in the retail giant&#39;s takeover battle with rival Coles Myer.
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Australasian grocer Foodland Associated which owns major chains in New Zealand says the hostile takeover bid by rival Metcash is complex and risky, and is urging shareholders not to act on the $920 million bid.
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WOOLWORTHS chief executive Roger Corbett has three great advantages over Coles Myer&#39;s John Fletcher. Unless Fletcher recognises and counters these advantages, then Corbett will win with devastating effects on the long-term Coles share price.
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A ferocious battle to control South Africa&#39;s Gold Fields company looks certain after its management last night rejected an $8bn (Â£4.
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An independent takeovers panel has headed off Woolworths&#39; attempts to force a resolution in the takeover battle for liquor retailer Australian Leisure and Hospitality (ALH).
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Retailer Woolworths continues to suffer in a "tough" market, reporting widening losses and falling sales.
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SYDNEY: Australian supermarket group Woolworths Ltd reported a better-than-expected 12% gain in second-half profit on cost savings, and forecast a rise of up to 15% in 2005 earnings despite increased competition.
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COLES Myer yesterday waltzed in and trumped rival Woolworths in the battle for pubs group Australian Leisure &amp; Hospitality. But Coles chief John Fletcher&#39;s $3.
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The Takeovers Panel said today that Brundwo Pty Limited has offered two undertakings relating to its proposed A$1.2 billion bid for Australian Leisure &amp; Hospitality Group Limited (ALH).
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Australian construction company Multiplex will have to enter a bidding war for Elliott Bernerd&#39;s Chelsfield shopping centres or risk losing huge building contracts, analysts said at the weekend.
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Woolworths Ltd., Australia&#39;s biggest grocer, may be drawn into a bidding war for Australian Leisure &amp; Hospitality Group, after US buyout firm Newbridge Capital made aA$1.