Opinion: Woolworths, Lowe’s in messy Masters divorce

The Masters Home Improvement chain joint venture partners, Woolworths and Lowe’s, are embroiled in a legal action over the value of the one-third stake held by the North Carolina-based home improvement chain. Lowe’s contends that Woolworths’ management and strategic decisions had a deleterious impact on the value of the Masters Home Improvement, significantly reducing the returns to the American company from the closure of the venture. Lowe’s sought the appointment of a liquidator in the

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