Jul 1, 2026 – 9.27amColes Group, the $32.7 billion supermarkets giant that trails only Woolworths in market share, is in advanced discussions to acquire private equity-backed pets and vets business Greencross.Coles Group’s Leah Weckert Oscar ColmanSarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Supermarket giant Coles in talks to buy TPG’s $4b Greencross
Coles, which was spun off by Wesfarmers in 2018 and is run by Leah Weckert, approached buyout giant TPG almost a year ago.
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