Woolworths May Sell Retail Arm

By DEALBOOK, 
Published  2008-11-19 05:12:45
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Shares in Britain’s Woolworths Group plunged 32 percent Wednesday after the company confirmed it is considering selling its retail business, The Associated Press reported. ‘’The board can confirm that it is in preliminary discussions regarding a possible offer for the retail business,'’ the company, hit hard by a slowdown in consumer spending from the economic [...]
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