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Woolies cracks NZ with Foodland deal

October 12, 2018
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Woolworths head Roger Corbett says the acquisition makes hiscompany a world-scale player. – (The Age — 26 May, 2005)
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Yesterday’s supermarket buy-up isn’t the end of Woolworths chiefexecutive Roger Corbett’s empire building. – (Sydney Morning Herald — 26 May, 2005)
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Woolworths has seized almost half of New Zealand’s supermarketbusiness, in a $3.4 billion carve-up of Foodland Associated withMetcash Trading. – (Sydney Morning Herald — 25 May, 2005)
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Grocery wholesaler Metcash Trading Ltd and supermarket giant Woolworths Ltd have teamed to buy Foodland Associated Ltd in a deal worth up to $3.38 billion. (The Australian — 25 May, 2005)
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Woolworths and Metcash Trading and have won the support of takeovertarget Foodland Associated for their offer to buy the Perth-basedcompany. – (Sydney Morning Herald — 25 May, 2005)
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Foodland Associated is close to finalising a deal to sell its New Zealand supermarket business and about 40 Australian stores to Woolworths. (The Australian — 24 May, 2005)
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Grocery wholesaler Metcash Trading and supermarket chain Woolworthshave won the support of Foodland Associated for their $3.3 billionoffer to carve up the Australasian assets of the Perth-basedcompany. (Australian Financial Review — 25 May, 2005)
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Australian grocers Woolworths Ltd. and Metcash Ltd. have agreed to purchase rival Foodland Associated Ltd. in a deal Foodland said is worth up to Aust. $3.38 billion ($2.56 billion). (CNN — 25 May, 2005)
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Grocery wholesaler Metcash Trading expects to grow further, including from its expected acquisition of supermarket chain Foodland Associated. (The Australian — 25 May, 2005)
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Around the time of his 62nd birthday last September, Roger Corbett went out to buy something he’d been eyeing for a while. He splurged, as he rarely does, on a slick, new silver and black Mini Cooper. (The Australian — 7 hours ago)
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The $3.3 billion division of Foodland received the warm endorsement of financial markets yesterday, with shares in Woolworths and Metcash Trading – which will split Foodland’s trans-Tasman assets – rising strongly. (The Australian — 27 May, 2005)
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Foodland Associated is running a most unusual – and high-risk – strategy in relation to the takeover bid from Metcash Trading. (The Australian — 23 May, 2005)
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Shares in Foodland and Metcash have been put on a trading halt amid market speculation that Metcash has secured a deal to buy Foodlands Australian operations Metcash has made a $1 billion bid for (ABC News — 23 May, 2005)
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