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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.
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