Original article by Catie Low
The Australian Financial Review – Page: 17 : 28-Jan-16

Allan Gray MD Simon Mawhinney says a merger between Metcash’s Mitre 10 business and the Home Timber & Hardware division of Woolworths could be a good deal if it was secured at an appropriate price. The future of the Home business is uncertain following Woolworths’ decision to exit the ill-fated Masters Home Improvement joint venture. Metcash has been touted as a potential buyer of Home, and it is said to have initiated talks with Woolworths on such a deal in mid-2015.

CORPORATES
METCASH LIMITED – ASX MTS, WOOLWORTHS LIMITED – ASX WOW, MITRE 10 LIMITED, HOME TIMBER AND HARDWARE, MASTERS HOME IMPROVEMENT AUSTRALIA PTY LTD, ALLAN GRAY AUSTRALIA PTY LTD, WESFARMERS LIMITED – ASX WES, BUNNINGS GROUP LIMITED, LUMINIS PARTNERS PTY LTD, DANKS HOLDINGS LIMITED, LOWE’S COMPANIES INCORPORATED, CLSA AUSTRALIA PTY LTD