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Woolworths expected to return $1.7b through off-market buy-back
4 days ago

Woolworths expected to return $1.7b through off-market buy-back

Woolworths is expected to return $1.7 billion from the sale of its fuel retailing business through an off-market share buy-back to minimise earnings dilution and maximise the distribution of franking credits.

When …
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UK fuel retailers consider filling up at Woolworths Petrol
2 months ago

UK fuel retailers consider filling up at Woolworths Petrol

If there is one thing Woolworths CEO Brad Banducci doesn’t need to shout from the top of a mountain, it’s that his $2 billion-odd petrol business is for sale.

So perhaps …
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Caltex Rethinks Real Estate Move
3 months ago

Caltex Rethinks Real Estate Move

Caltex Australia has found that sale and lease back – one of the usual ways of releasing capital (and favoured by many corporate strategists and private equity) isn’t all its …
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Investor can pump plenty off prime Newtown servo site
8 months ago

Investor can pump plenty off prime Newtown servo site

A NEWTOWN service station site is expected to attract interest above $1.5 million when it goes to auction this month.

The 2086sq m property at 404-408 Shannon Ave, Newtown, is a prime corner site …
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