1.0the patient investorhttps://thepatientinvestor.comWesfarmers - Coles Demerger - the patient investorrich600338<blockquote class="wp-embedded-content" data-secret="nzQojY1ICI"><a href="https://thepatientinvestor.com/index.php/2018/11/22/wesfarmers-coles-demerger/">Wesfarmers – Coles Demerger</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://thepatientinvestor.com/index.php/2018/11/22/wesfarmers-coles-demerger/embed/#?secret=nzQojY1ICI" width="600" height="338" title="“Wesfarmers – Coles Demerger” — the patient investor" data-secret="nzQojY1ICI" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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Wesfarmers announced their intention to demerge Coles, along with senior leadership changes, on 16 March 2018. Wesfarmers will retain 15 per cent of Coles and 50 per cent of flybuys. Eligible shareholders will receive one Coles share for every Wesfarmers share that they hold. “Demerging Coles enhances Wesfarmers’ prospects of delivering satisfactory returns to shareholders … Continue reading ""