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Wesfarmers: The Sound of Churning Capital

Retrieved on: 2018-04-11 13:36:34

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<div>The struggling Coles had already been a target of the famed US private equity group, <b>Kohlberg Kravis Roberts</b> (KKR). Having first low-balled Coles, KKR followed up with a higher bid. At $15.25 a share, though, KKR's final bid fell short with Wesfarmers coming over the top at $17. Originally, Wesfarmers ...</div>

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