On 16 March 2018, Wesfarmers announced its intention to demerge its Coles division to reposition both businesses for the next decade. It is anticipated the proposed demerger would create a new top 30 company listed on the ASX, with leading positions in supermarkets, liquor and convenience. Subject to shareholder and other approvals, the demerger is expected to be completed in November 2018.
The information here is intended to help shareholders understand the demerger process and will continue to be updated. If you have any additional questions please call the Wesfarmers shareholder information line.
Australian shareholders: 1300 558 062
Overseas shareholders: +61 3 9415 4631