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New Deal


Announced

Metcash to acquire the remaining 15% stake in Total Tools for $64m.

Financials

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Transaction Value£52m
Consideration TypeCash
Capital Owned85%
Capital Bid For15%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Pending

Australia

tool retailer

Diversified Retailers

Acquisition

Domestic

Minority

Private

Friendly

Single Bidder

Synopsis

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Metcash, an Australian wholesaler and conglomerate company, to acquire the remaining 15% stake in Total Tools, a hardware chain company, for $64m. Metcash’s Independent Hardware Group – which includes the Mitre 10 and Home Timber & Hardware brands – is Australia’s largest home improvement wholesaler, supplying more than 1500 stores.

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