News Articles for Wesfarmers

Wesfarmers says it won't accept any takeover offer made by Woolworths for API, as the retail giants fight for ownership of Australian Pharmaceutical Industries.

ASX-listed contractor Civmec has been tasked with constructing a new refinery in Kwinana to support Wesfarmers-backed Covalent Lithium's Mount Holland mine.

The final episode of the Business News Future Perth podcast is now available, looking at the future of the Western Australian economy.

While lower returns on equity have flowed through to WA's top earners this year, the river has hardly run dry for the top end of town.

WA's Westbridge Funds Management has finalised its purchase of a Victorian industrial asset for $15.36 million and is in the process of acquiring a Canning Vale logistics facility.

A fast-growing US company has purchased Bisley Workwear, six months after buying Perth-based Paramount Safety Products, with the owners of all three companies set to work together.

Some major companies have decided the sum of their parts is greater than the whole.

Woolworths has pitched an $872 million takeover offer for Australian Pharmaceutical Industries, pitting the retail giant against Wesfarmers.

Unemployment is at record lows in WA, but pressure from mass resignations and outbound travellers is looming.

Drawing a line in the sand and setting a date to reopen the state's borders will help speed up vaccinations, Wesfarmers chief executive Rob Scott has said.

ASX-listed companies have detailed roughly $2 billion in JobKeeper payments spanning the last two financial years, with only a handful making voluntary repayments.

Wesfarmers will make a foray into the health and beauty sector after winning the takeover battle with Sigma Healthcare for Priceline owner Australian Pharmaceutical Industries.

Sigma Healthcare has withdrawn efforts to merge with Priceline owner Australian Pharmaceutical Industries leaving Wesfarmers to push ahead with a takeover.

Jane Mulder's decision to leave behind primary school teaching was not a case of burnout or job dissatisfaction.

Telethon and the MACA Cancer 200 Ride for Research raised a record-breaking $69 million for medical research over the weekend.

A 12 megawatt solar farm has been included in an updated plan for Wesfarmers-backed Covalent Lithium's $1.9 billion mine and refinery project.

Wesfarmers has bolstered its chances of taking over Australian Pharmaceutical Industries after buying a 19.3 per cent stake.

Wesfarmers looks like it may have sealed a takeover of Australian Pharmaceutical Industries (API) after an increased offer for all shares.

Woodside's purchase of BHP's oil assets is close to the biggest deal by a WA company.

Investors, consumers, and activists are pressuring big businesses to ensure the ethical security of their supply chains, but the first round of modern slavery statements shows varying degrees of compliance.

Wesfarmers-backed Covalent Lithium has awarded the engineering contract for its Mt Holland lithium concentrator to NRW Holdings.

Fortescue and Wesfarmers were among the Western Australian ASX 100 companies which provided the most comprehensive statements to the modern slavery register.

The board of the state's largest grain handler has officially signed off on the company's $55 million Kwinana fertiliser facility.

Wesfarmers-backed Covalent Lithium has signed a lease for its planned Kwinana refinery project with the state government.

Our board moves wrap includes William Scott, Jeremy Ryan, Nathan Bartrop, Tony Swiericzuk, Judson Lorkin, Alan Cransberg, and Wayne Osborn.

Wayne Osborn has retired from the board of Wesfarmers and will be replaced by former Alcoa of Australia managing director Alan Cransberg.

Wesfarmers is planning a massive capital return to shareholder after a strong year, despite the coronavirus pandemic.

Only a handful of Perth-based companies outside the resources sector have built truly national or global operations.

Stadiums and shops could be the next frontier of Australia's coronavirus vaccine rollout, with a plan to administer drive-through jabs being weighed up.

Listed contractor NRW Holdings has secured new work through its Primero business, including on two iron ore projects in Western Australia.

Priceline Pharmacy owner Australian Pharmaceutical Industries has rejected a takeover offer from Wesfarmers.

Wesfarmers wants to buy Australian Pharmaceutical Industries, announcing today a $687 million offer for the business.

Australian and foreign capital combined with government support have helped to build the lithium sector.

An industry participation plan has been approved for a potential $500 million-plus expansion of CSBP's ammonia production in Kwinana, with Technip undertaking Feed work.

Our board moves wrap includes Anthony Panther, Patricia Vanni, Melanie Leydin, Trevor O'Connor, Stephen Hewitt-Dutton, Fung-Ming Pang, Colin Hiles, and Alison Watkins.

Woodside is making hard work of its simultaneous energy and management transitions.

The Environmental Protection Authority has recommended that Covalent Lithium's planned lithium refinery at Kwinana - the third in WA - should proceed.

Wesfarmers' Michael Chaney is set to chair another major Western Australian company, replacing Bill Beament at the helm of Northern Star Resources in July.

Innovation should be embraced, not feared.

At what point should not-for-profit organisations start paying fees to their board of directors?