Coles says it ends talks with TPG Capital regarding a potential takeover of Greencross. According to reports, the company’s decision follows the conclusion of discussions over terms and does not proceed with the proposed acquisition. Trading data cited by outlets shows Coles shares rise after the announcement, suggesting investor relief that a deal would not move forward on the previous timetable. Other coverage frames the news as the termination of merger and acquisition negotiations rather than a completed transaction, and highlights that no further steps toward a Greencross acquisition are immediately indicated. The reporting indicates the matter is tied specifically to negotiations with TPG Capital and the potential Greencross purchase, with Coles signaling an end point to the discussions. The announcement therefore leaves open the possibility of future strategy changes, while the immediate outcome is that the Greencross deal talks do not progress. Overall, sources agree that negotiations end and the stock reaction is positive.