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Wesfarmers' major shareholders typically include institutional investors, such as superannuation funds and asset management companies, alongside individual shareholders. Prominent institutional shareholders often include firms like Vanguard Group and BlackRock. The company's shares are publicly traded on the Australian Securities Exchange (ASX), which means ownership can fluctuate as shares are bought and sold. For the most up-to-date information, it's best to refer to the company's latest shareholder registry or financial reports.

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4mo ago

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Wesfarmers' takeover of Coles allowed it to achieve significant economies of scale, streamlining operations and reducing costs through consolidated supply chains and shared resources. Additionally, the acquisition provided Wesfarmers with a strong foothold in the lucrative Australian grocery market, enhancing its market presence and customer base. The synergy between Wesfarmers’ diverse retail operations and Coles’ extensive network also enabled cross-promotion and improved customer engagement, ultimately driving revenue growth.


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