Shock as Coles Group goes back on block after rejecting last year's KKR-led buy-out

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Shock as Coles Group goes back on block after rejecting last year's KKR-led buy-out

Coles Group, the Australian retailer, announced this week that it would put itself up for sale, only four months after it rejected an A$18.2bn ($14.3bn) bid from a Kohlberg Kravis Roberts-led consortium.

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