Tuesday, June 24, 2014

SAfrica’s Woolworths moves on Australia’s Country Road

SYDNEY, Jun 24 – South African retail giant Woolworths Tuesday announced a bid to buy out Australian fashion chain Country Road as part of its plan to takeover prestigious department store David Jones. Woolworths already owns 87.88 percent of Country Road but is offering Aus$17.00 per share for the remainder — a 21.4 percent premium […]

Read more here Capital Business