Coles Myer sale
Westfield Capital Corporation said it had sold its 7.8% stake in Coles Myer for sAust366 million (SNZ474M) to Amberbay, an associate company of Premier Investments. Premier was associated with Mr Solomon Lew, who already holds about 10 per cent of Coles Myer voting stock. Westfield said the sale represented an excess of sAustl7l.B9M ($NZ222.80M) over book value.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19890726.2.129.5
Bibliographic details
Press, 26 July 1989, Page 31
Word Count
60Coles Myer sale Press, 26 July 1989, Page 31
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in