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Woolworths expected to return $1.7b through off-market buy-back
8 months 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
10 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
11 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
1 year 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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