âMore focusâ for Woolies as $10bn drinks and pokies demerger gets underway
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Woolworths boss Brad Banducci says the companyâs $10 billion demerger of its Endeavour drinks, pubs and pokies division will leave the company better placed to tackle social issues within the business.
On Monday, the supermarket giant announced it would be powering ahead with a demerger of the Dan Murphyâs and BWS owner before the end of the financial year after the plan was delayed for a year due to COVID-19.