Wesfarmers to Buy Catch Group for $230 Million
Last edited 12/06/2019 - 17:25
Wesfarmers has announced in plans to spend $230 million for Catch group.
Plans to bring Kmart and target into digital age lol.
Still has the ACCC hurdle to get over but long term plans include using the group to bring Kmart and targets e commerce divisions into the future.
Catch will continue to run as an independent conpany with some fusions in the back end for the group with Kmart etc