Not exact matches
While WES will retain up to a 20 per
cent stake in Coles, the demerger effectively splits the
company into two separate entities, with WES owning Bunnings, Kmart, Target, and Officeworks, as well as WES» Industrials and «Other» divisions.
According to a national poll taken by the Asia Pacific Foundation of Canada
in the fall of 2016, 51 per
cent of Canadians would support a private Chinese
company buying a controlling
stake in a Canadian
company while only 11 per
cent would be
in support of such an acquisition by a Chinese SOE.
While Saputo has been steaming ahead
in WCB acceptances, which equate to about a 17 per
cent stake in the
company, analysts say it still has fair way to go before finalising any deal.