Australia's Coles jumps most in 4 months on ditching Greencross buyout talks with TPG
17/07/2026 01:34
BUZZ-Australia's Coles jumps most in 4 months on ditching Greencross buyout talks with TPG ** Shares of Coles Group COL.AX rise as much as 5% to A$23.68, their largest intraday pct gain since March 2, if gains hold
** Australia's no.2 grocer ceases discussions with U.S. private equity firm TPG Capital for the potential acquisition of pet and vets business Greencross Pet Wellness
** Local media reports said TPG was likely aiming for an A$4 billion ($2.80 billion) deal
** Coles up 9.8% YTD, including the day's moves
($1 = 1.4300 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru)
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