Home › Autobarn for ASX: Metcash eyes $350m automotive parts float
 

Keywords :   


Autobarn for ASX: Metcash eyes $350m automotive parts float

2015-05-14 19:55:39| Grocery - Topix.net

Struggling wholesaler Metcash is planning to exit its three-year investment in automotive parts through a $350 million-plus sharemarket float that will help it pay down debt. Metcash told the market on Thursday it was looking to sell its automotive division, which generated about $250 million in revenue for the year to April 2015.

Tags: parts eyes automotive float

Category:Food and Related Products

Latest from this category

All news
»
17.05More people seek help for debts as fee scrapped
17.05Hunt hints at another National Insurance tax cut
17.05Alan Bates rejects second Post Office compensation offer
17.05Severn Trent boss defends multi-million pay packet
17.05Coptis Marks 25th Anniversary
17.05Farm Progress America, May 17, 2024
17.05Farm Progress America, May 17, 2024
17.05China pours billions into crisis-hit property market
More »