AUSTRALIA: Metcash Promises To Share Mitre 10-Home Timber Merger Spoils

Metcash CEO Ian Morrice has vowed to share the synergy benefits from the A$165m acquisition with Home Timber & Hardware (HTH) and Mitre 10 stores to help them compete with Bunnings and bring an end to the rout that has seen more than 1000 independents quit the A$45bn market in the past three years.

Read the full interview on the Australian Financial Review website