Brief: Wesfarmers To Wind Up BPI No 1 Property Structure In September 2025
06/03/2025 21:39
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;))
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