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On 13 March 2006, Coles Myer announced it would sell Myer to a consortium controlled by US private equity group Newbridge Capital. The consortium also included the Myer family, who held a 5% stake. The sale was completed for A$1.4 bn on 2 June 2006. [14] Coles Myer changed its name to "Coles Group Limited" in November 2006. [15]
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Coles Supermarkets Australia Pty Ltd, doing business as Coles, is an Australian supermarket, retail and consumer services chain, headquartered in Melbourne as part of Coles Group. Founded in 1914 in the suburb of Collingwood by Sir George Coles , the company currently operates 846 [ 2 ] supermarkets throughout Australia, including several now ...
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
The S&P/ASX 50 Index is a stock market index of Australian stocks listed on the Australian Securities Exchange from Standard & Poor's. It is a part of the S&P Global 1200 . While the "ASX 50" often simply refers to the 50 largest companies by market capitalisation , the S&P/ASX 50 Index is calculated by using the S&P Dow Jones Indices market ...
The simplest way to invest in stocks is to buy exchange traded funds. But you can significantly boost your returns by...
Independent Grocers of Australia [1] [2] is an Australian chain of supermarkets. The IGA brand is owned by Australian conglomerate Metcash under their Food & Grocery division, but individual IGA stores are owned and operated independently. [3]