
Woolworths (ASX:WOW) announces a $552 million acquisition: PFD Food Services
Woolworths Group Ltd (ASX:WOW) has announced an acquisition this afternoon – it’s buying a controlling stake of PFD Food Services for $552 million.
Big money is not in the buying or selling, but in the waiting.
Charlie Munger
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.

Woolworths Group Ltd (ASX:WOW) has announced an acquisition this afternoon – it’s buying a controlling stake of PFD Food Services for $552 million.

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The Megaport Ltd (ASX:MP1) share price is up more than 1% today in reaction to the FY20 result (after rising 10% yesterday).

Invocare Limited (ASX:IVC) has reported its FY20 half year result, how is COVID-19 affecting it?

CSL Limited (ASX:CSL) has reported its FY20 report to investors, is the CSL share price a buy?

Australia and New Zealand Banking Group Ltd (ASX:ANZ) has reported its FY20 Q3 result and announced a dividend.

The Treasury Wine Estates Ltd (ASX:TWE) share price fell by 14.3% on Tuesday after the market learned of some difficult Chinese-related news.
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