Woolworths postpones drinks demerger

Date : 25 March 2020

Nick Miles

Head of Insight (Global)

Woolworths Australia has announced that it is to delay the demerger of its Endeavour Drinks business until 2021. Uncertainty puts demarger on hold The business was meant to be demerged in-mid 2020. However, with financial markets struggling and the business being forced to close all hotels in…

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