From Breakup to Capital Raising: Investors Say Woolworths’ Future Clear as Mud
As Woolworths readies to release its annual results and a strategic review of all its businesses, some suggest the country’s biggest retailer will launch a surprise capital raising too.
But Woolworths’ decision to segregate its corporate structure has also raised expectations that the company will split itself up; for example, discount department store Big W, hotel business ALH or the lucrative liquor arm could be sold or spun out.
Woolworths said in May it was looking at a "number of options" to support its credit rating, including underwriting its dividend reinvestment program (DRP). Sydney Morning Herald – Read more…
But Woolworths’ decision to segregate its corporate structure has also raised expectations that the company will split itself up; for example, discount department store Big W, hotel business ALH or the lucrative liquor arm could be sold or spun out.
Woolworths said in May it was looking at a "number of options" to support its credit rating, including underwriting its dividend reinvestment program (DRP). Sydney Morning Herald – Read more…
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