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Australia's Wesfarmers to sell Coregas to Japanese firm Nippon Sanso for $480m

Australia's Wesfarmers to sell Coregas to Japanese firm Nippon Sanso for $480m

A shopper selects wood products at a Wesfarmers Ltd. Bunnings Warehouse store in Sydney, Australia, on Thursday, July 28, 2011. Photographer: Ian Waldie/Bloomberg

Australian conglomerate Wesfarmers on Friday said it would sell its industrial gas supply arm, Coregas, to Japanese multinational firm Nippon Sanso for A$770 million ($480.33 million).

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