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Woolies to acquire PFD Food Services for $552m

Originally written by Business News Australia on 19 August 2020. Woolworths Group (ASX: WOW) has entered an agreement to acquire a 65 per cent stake in Australia’s largest family-owned foodservice distributor PFD Food Services, as well as all its freehold properties including 26 distribution centres. Woolworths will acquire its holding for $302 million and spend a further $249 million […]

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