Original article by Catie Low,{SPAC}Brian Robins
The Australian Financial Review – Page: 11 & 16 : 15-Jan-16

Wesfarmers plans to launch its Bunnings brand in the UK via the acquisition of the Homebase home improvement business from Home Retail Group for $A700m. Craig Young of Nikko Asset Management cautions that Wesfarmers may not able to replicate the success of Bunnings in the UK, noting that US-based Lowe’s has struggled in Australia with the Masters joint venture. He adds that Wesfarmers’ success in the UK will also depend on the quality of the management team it selects to run the business.

CORPORATES
WESFARMERS LIMITED – ASX WES,{SPAC}BUNNINGS GROUP LIMITED,{SPAC}HOMEBASE,{SPAC}HOME RETAIL GROUP PLC,{SPAC}NIKKO ASSET MANAGEMENT GROUP,{SPAC}LOWE’S COMPANIES INCORPORATED,{SPAC}MASTERS HOME IMPROVEMENT AUSTRALIA PTY LTD,{SPAC}WOOLWORTHS LIMITED – ASX WOW,{SPAC}WAL-MART STORES INCORPORATED,{SPAC}COLES GROUP LIMITED,{SPAC}J SAINSBURY PLC,{SPAC}ARGOS,{SPAC}ARMYTAGE PRIVATE LIMITED,{SPAC}KINGFISHER PLC,{SPAC}TRAVIS PERKINS PLC,{SPAC}JP MORGAN AND COMPANY INCORPORATED