M&A Deal Summary |
|
|---|---|
| Date | 2011-12-16 |
| Target | Wesfarmers Premier Coal |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Austar Coal Mine Pty |
| Sellers(s) | Wesfarmers |
| Deal Type | Divestiture |
| Deal Value | 297M USD |
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Austar Coal Mine Pty Limited operates a deep underground coal mine in the Newcastle Coalfields of New South Wales, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Australia M&A | 1 of 1 |
| Year: 2011 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1914 |
| Sector | Diversified |
| Employees | 118,000 |
| Revenue | 45.6B AUD (2025) |
Wesfarmers is a diversified Australian holdings company. Wesfarmers' business segments include supermarkets, department stores, home improvement and office supplies; coal production and export; chemicals, energy and fertilisers; and industrial and safety products. Wesfarmers was founded in 1914 and is based in Perth, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 5 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 4 |
| Country: Australia M&A | 1 of 4 |
| Year: 2011 M&A | 1 of 1 |
| Size (of disclosed) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-11-23 |
Coles Group
Tooronga, Australia Coles is a retailer, with businesses in supermarkets, general merchandise, liquor, fuel and convenience, and office supplies. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-16 |
Wesfarmers - Insurance Underwriting Business
Australia Wesfarmers Insurance Underwriting include Lumley and WFI in Australia and New Zealand along with a 10 year distribution agreement for Coles insurance. |
Sell | AU$1.8B |