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Coles Group Limited (ASX:COL)
ALERT: Price-sensitive ASX Announcement for COL
Current share price for COL : $23.210 -0.06 (-0.26%)+
Announcement
Release
1 Jul 2026 10:27AM
Price at Release
$23.270
Full Release
Summary
On 1 July 2026, Coles Group Limited responded to media speculation regarding its potential acquisition of Greencross Pet Wellness Company. The company confirmed discussions with TPG and is currently undergoing due diligence. Coles, a leading Australian retailer with a robust financial capacity, regularly evaluates strategic opportunities that align with its business objectives and offer value to shareholders. However, Coles emphasized that these discussions are still in progress, and there is no certainty that a transaction will occur. Coles is committed to keeping the market updated according to continuous disclosure obligations.
Key Points
- Coles is in discussions to potentially acquire Greencross Pet Wellness Company.
- Due diligence is being conducted in collaboration with TPG.
- Coles has a strong financial position and looks for strategic opportunities.
- No certainty that the acquisition will proceed.
- Market will be informed in accordance with continuous disclosure obligations.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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