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Lowe's Wants Oversight Of Woolworths JV Divestiture Plans

By Chelsea Naso (August 29, 2016, 4:28 PM EDT) -- Lowe's said Monday it is seeking a court-appointed liquidator to oversee the sale of home improvement joint venture Masters, contending that its joint venture partner, Australian retailer Woolworths, is wrongfully trying to squeeze the U.S. retailer out of the equation after the business was featured last week in a AU$1.5 billion ($1.1 billion) divestiture plan....

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