Woolworths in talks over NZ liquor chain

Australia’s biggest retailer Woolworths Ltd is looking at buying independent New Zealand liquor chain The Mill Liquorsave as part of plans to replicate its Australian liquor business across the Tasman.

Woolworths chief executive Michael Luscombe said the owner of Dan Murphy’s and BWS bottle shop outlets in Australia, was carrying out due diligence on the 41-store New Zealand chain, the price tag of which he estimated at less than $100 million.

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