Coles Myer

News & Analysis

coles myer and foodland associated ltd. - All News and Analysis

• Foodland talks may bring deal.

  - 2005-05-15

  May 15, 2005 (Herald Sun - ABIX via COMTEX) Takeover target Foodland Associated has confirmed that it has held talks with its suitor, Metcash Trading. Foodland has informed the market that the talks are aimed at advancing the $A1bn takeover bid, although the grocery...

  Tags: Coles Myer, Foodland Associated Ltd., Woolworths

• Foodland urges no action on Metcash.(Foodland Associated Ltd.'s shareholders action on Metcash Trading's merger)(Brief Article)

  - 2005-04-11

  Apr 11, 2005 (The Australian Financial Review - ABIX via COMTEX) The board of Perth-based grocery takeover target Foodland Associated urges shareholders to take no action on Metcash's bid. Chairman Len Bleasel says the company is in talks with several parties. Industry analysts suggest...

  Tags: Coles Myer, Foodland Associated Ltd., Woolworths

• Foodland's NZ arm on Coles' shopping list.(Coles Myer Ltd., Foodland Associated Ltd)(Brief Article)

  - 2005-04-10

  Apr 10, 2005 (The Sydney Morning Herald - ABIX via COMTEX) Australian retail group, Coles Myer, is rumoured to be preparing for a takeover bid. The target is Foodland Associated's New Zealand business. It will be spun off if a $A846 million bid for the...

  Tags: Coles Myer, Foodland Associated Ltd., UBS AG

• Metcash rivals circle.(Foodland Associated Ltd. attempts to prevent takeover by Metcash Trading)(Brief Article)

  - 2005-03-24

  Mar 23, 2005 (The Mercury - ABIX via COMTEX) Foodland Associated has indicated it may prevent a takeover by Metcash Trading by being acquired by either Coles Myer or Woolworths. Managing director of the Australian grocery retailer and wholesaler, Trevor Coates, said the group...

  Tags: Coles Myer, Foodland Associated Ltd., Woolworths

• Talks could lead to sale of Foodland.(Foodland Associated Ltd. looking for partners for merger )(Brief Article)

  - 2005-03-23

  Mar 23, 2005 (Herald Sun - ABIX via COMTEX) Australian-listed Foodland Associated has indicated that it is holding talks with potential merger partners. MD Trevor Coates says a number of interested parties are undertaking due diligence, although these groups have not been identified. Coles...

  Tags: Coles Myer, Foodland Associated Ltd., Woolworths

• Behind the Progressive sale plan - whose move next?(Progressive Enterprises Ltd. demerges from Foodland Associated Ltd.)(Brief Article)

  - 2005-03-15

  Mar 15, 2005 (Food Industry Week NZ - ABIX via COMTEX) The de-merger of Progressive Enterprises from Foodland Associated has been confirmed. The listing of the New Zealand NZ subsidiary is a response to the hostile takeover bid from Metcash Associated. Management claims the...

  Tags: Coles Myer, Foodland Associated Ltd., Woolworths

• Progressive divestment plan now official.(Foodland Associated Ltd. rejects takeover bid from Metcash Trading)(Brief Article)

  - 2005-03-07

  Mar 07, 2005 (Food Industry Week NZ - ABIX via COMTEX) Foodland Associated has formally rejected a hostile takeover bid from Australia's Metcash. The management of the Australasian supermarket group intends to thwart the bid by floating Foodland's New Zealand NZ operations, which consist...

  Tags: Coles Myer, Foodland Associated Ltd., Woolworths

• Retail giants circle Foodland.(Metcash Trading,Foodland Associated Ltd. )(Brief Article)

  - 2005-03-07

  Mar 07, 2005 (The Sydney Morning Herald - ABIX via COMTEX) Rumours are swirling around Foodland Associated, an Australasian group. Metcash Trading has made a hostile takeover bid of $A846 million for Foodland. Foodland has responded to the bid by trying to defend itself....

  Tags: Coles Myer, Foodland Associated Ltd., Woolworths

• Foodland break-up warning.(Foodland Associated Ltd.)(Brief Article)

  - 2005-03-02

  Mar 02, 2005 (Herald Sun - ABIX via COMTEX) There is growing speculation that Foodland Associates will pursue a strategy of selling off its assets, rather than be taken over. Foodland directors have already signalled that spinning off its New Zealand operations is under...

  Tags: Coles Myer, Foodland Associated Ltd., Woolworths

• Retail rivals jostle in Foodland queue.(Foodland Associated Ltd.)(Brief Article)

  - 2005-03-02

  Mar 02, 2005 (The Australian - ABIX via COMTEX) Australian retailer, Foodland Associated, expects good interest in its plans to demerge its assets. Foodland is the target of a hostile $A846 million takeover bid for its Australian operations by rival, Metcash Trading. It plans...

  Tags: Coles Myer, Foodland Associated Ltd., Woolworths