Woolworths May be Drawn Into Bidding War for Australian Leisure
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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.
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Woolworths Ltd., Australia&#39;s biggest grocer, increased its offer for Australian Leisure &amp; Hospitality Group to A$1.2 billion ($877 million) to stop rival bidder Coles Myer Ltd.
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LONDON (CBS.MW) -- Australian companies The Westfield Group and Multiplex, as well as the Reuben brothers said they will bid 585 million pounds ($1.
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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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UK High Street retailer Woolworths will this year launch a digital music download service, the company&#39;s parent revealed today.
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SYDNEY (Dow Jones)--The Takeovers Panel has stamped on an attempt by Woolworths Ltd. (WOW.AU) to bluff shareholders into accepting an 11th hour takeover bid for Australian Leisure &amp; Hospitality Group Ltd.
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SYDNEY: Australia&#39;s biggest supermarket operator Woolworths Ltd said yesterday it sees its liquor sales this financial year rising to $A3.5 billion, including its recent acquisition in Queensland, from $A2.1 billion in fiscal 2004.
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SYDNEY: Australian supermarket giant Woolworths raised its bid for pubs chain ALH to A$1.2bn ($898m) on Monday, but rival Coles Myer played for time by winning a deadline extension.
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SYDNEY: Australian retailer Woolworths Ltd has upped the stakes in the bidding war for ALH Ltd. offering more money than giant rival Coles Meyer did last week but then giving the pub and liquor store group just over four hours in which to accept.
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WOOLWORTHS and joint venture partner Victorian pubs owner Bruce Mathieson have until 7pm today to withdraw or extend their bid for Australian Leisure and Hospitality.
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Dominance of Australia&#39;s retail wine market, and the high margins on offer, is just one issue at the core of the battle for ALH.
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Australia&#39;s largest retailer Woolworths said Monday it would make an offer for some of the non-supermarket businesses of its biggest rival, Coles, which has put itself up for auction.
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SYDNEY (Dow Jones)--Coles Myer Ltd. (CM) and Macquarie Bank Ltd. (MBL.AU) were Wednesday night close to finalizing a fresh bid for pubs and liquor group Australian Leisure &amp; Hospitality Group Ltd.
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British sweets-to-DVDs retailer Woolworths  said trading over the key Christmas period had been "very challenging" but it expected its retail business to return to profitability this year.
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Casino operator Stanley Leisure says it is considering a takeover approach from an unnamed suitor.
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Australian shopping centre giant Westfield Group on Thursday offered 585 million pounds (A$1.48 billion) cash for UK property group Chelsfield as part of an overseas expansion drive, topping a bid from rival Multiplex Ltd.
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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).