Coles’ chief executive Leah Weckert delivered a shocker to shareholders last week, smoked by major rival Woolworths in the great Australian supermarkets race and flagging flat earnings this half. Its shares dropped 7.6 per cent on Friday and another 2 per cent on Monday.
Turns out, Weckert’s jilted M&A flame , TPG’s pets-and-vets business Greencross, was wearing the shoe leather with its limited partners just last week, too, to discuss its own performance.
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