Woolworths may look for Asian fund to acquire ParknShop
date:Oct 22, 2013
get it for a reasonable price and use equity to buy it that's the best way to do it because they're quite highly rated at the moment, said Aberdeen Asset Management senior investment manager Andrew Preston.

Woolworths has refused to confirm or deny its interest in ParknShop and declined to comment on an Australian Financial Review report it was preparing to submit a final bid in the next week.

Investors have mixed views on Woolworths' first move offshore since buying Foodland's New Zealand ass
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