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‘Destroyed capital’: Investor calls for Woolworths to ditch Big W and New Zealand operations
Woolworths has been encouraged to ditch Big W and separate from New Zealand operations as investors claim the two are contributing to profit losses.
The Australian Financial Review reports First Sentier Investors portfolio manager Dushko Bajic spoke at a Sydney forum this week, where he said he’d proposed the move to Woolworths CEO Amanda Bardwell.
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