Wayne Taylor
Woolworths and its home improvement partner Lowe’s Companies will face off in court on Wednesday over a $835 million deal to sell Masters stores and sites to a consortium of property developers.
After seven months of negotiations, Lowe’s took Woolworths by surprise on Monday by taking legal action in the Federal Court, seeking the appointment of a liquidator to oversee the “equitable” wind-up” of the Masters joint venture vehicle, Hydrox.
Woolwor…
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