WOW 0.56% $30.18 woolworths group limited

Bids due on Monday "Final bids for Masters and HTH were due on...

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    Bids due on Monday

    "Final bids for Masters and HTH were due on Monday. Industry sources said there were four bidders for HTH – Metcash; Anchorage Capital Partners, which missed out on buying Mitre 10 in 2009; a syndicate led by two former HTH executives; and Blackstone Group, which is bidding for both Masters and HTH and would ultimately sell off the Masters sites and the HTH wholesale operations.

    Woolworths and its adviser, Citigroup, are expected to consider the bids over the next week and make a final decision once the ACCC decides whether to give Metcash the green light.

    The ACCC's decision, which could be a final decision or the release of a statement of issues, is due on Thursday."


    Read more: http://www.copyright link/business/...ders-final-bids-20160718-gq7wr8#ixzz4Ev9VtWRA

    Roulette You are correct as from the Financial Review Article dated 18/7/2016 above in part.

    The ACCC rules tomorrow Thursday, according to the Article

    Sorry for the mistake.

    Md
    Last edited by Metalduster: 20/07/16
 
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