Wesfarmers sells remaining 2.8 per cent interest of Coles

Wesfarmers confirms that it has today sold all of its remaining interest (2.8 per cent) in Coles Group Limited (Coles). Since the demerger of Coles from Wesfarmers in November 2018, Wesfarmers has gradually reduced its shareholding in Coles. Wesfarmers and Coles continue the Flybuys joint venture, with both groups retaining a 50 per cent interest in Flybuys. 

Wednesday 12 April 2023