BRIEF-Wesfarmers To Wind Up BPI No 1 Property Structure In September 2025

Reuters
07 Mar
BRIEF-Wesfarmers To Wind Up BPI No 1 Property Structure In September 2025

March 7 (Reuters) - Wesfarmers Ltd WES.AX:

  • IT WILL WIND UP BPI NO 1 PTY LTD ("BPI") PROPERTY STRUCTURE IN SEPTEMBER 2025

  • WILL REPAY ALL BPI NOTEHOLDERS AND PROCEED TO TAKE FULL OWNERSHIP OF PROPERTIES

  • WESFARMERS IS EXPECTED TO RECORD A ONE-OFF PRE-TAX PROFIT ASSOCIATED WITH TRANSACTION OF BETWEEN A$80 MILLION AND A$130 MILLION IN 2025

  • WESFARMERS WILL UNDERTAKE A STRATEGIC REVIEW OF PROPERTIES

Further company coverage: WES.AX

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10