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03/04/2007 - 22:00

Wesfarmers eyes Coles Group

03/04/2007 - 22:00

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DIVERSIFIED industrial group Wesfarmers Ltd is pursuing a takeover of Coles Group Ltd, after gaining voting power over 11.3 per cent of its shares. Wesfarmers was the buyer of Coles shares held by Premier Investments Ltd, the listed investment vehicle of former Coles chairman Solomon Lew.

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