Page 4 - Rishav Chatterjee News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Reuters) -Australian retailer Woolworths said on Wednesday that it would sell a 5% stake worth A$468 million ($302.84 million) in Endeavour Group, almost three years after spinning out the liquor store and pub operator. The sale will happen via a block trade at a price of A$5.22 per share, Australia's largest supermarket operator said, adding that it would now own about 4.1% of Endeavour, which it spun out as a separate company in 2021. Shares of Woolworths slipped 0.4%, while those of Endeavour were down 5% in early trade.

Australia's Perpetual on Monday confirmed it had entered into exclusive talks with global investment firm KKR & Co for the potential acquisition of the financial services firm's corporate trust and...

Singtel: TPG expects to pay a total of around A$1.17 billion ($765 million) over the 11-year agreement term.

Singapore-listed Wilmar International reported a 14% drop in its first-quarter net profit on Monday, hurt by weak performance from its sugar merchandising division and the feed and industrial...

Australia's TPG Telecom and Optus, owned by Singapore Telecommunications, have signed network sharing agreements to increase TPG's coverage and cut capital spending, the companies said on Monday. ...