Opinion: Wesfarmers’ wayward on Homebase?

Wesfarmers’ venture into the British hardware market has attracted warnings of impairments on its accounts by analysts unconvinced of the wisdom of the move. Wesfarmers’ venture into the British hardware market has attracted warnings of impairments on its accounts by analysts unconvinced of the wisdom of the move.   The leading critic of Wesfarmers $704 million acquisition of the Homebase chain has been David Errington, an analyst with Merrill Lynch Bank of America.  Errington, who has a

This content is for IR Pro subscribers only.

Subscribe now to unlock an all-access pass.

IR Pro - monthly

$5 +GST for the first 30 days. (Auto renews at $28+GST per month.)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now
EOFY Offer

IR Pro - annual

$199 +GST per year. (Auto renews at $312+GST (full rate) annually.)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now