Woolworths: from pubs to pets

Date : 19 December 2022

Soo-Eng Tan

Senior Analyst

Woolworths Group Ltd will acquire a 55% stake in Petspiration Group with funds from a 5.5% stake sale in alcohol retailer Endeavour Group. Reducing stake in Endeavour Group Woolworths spun off Endeavour Group in mid-2021, retaining just 9.1% of the business. The decision to reduce its stake…

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