sell

Wesfarmers (ASX:WES) is selling its Premier Coal to Chinese-owned Yancoal Australia for $296.8 million, subject to approval by the Foreign Investment Review board and the Chinese government.

"The sale is subject to a number of conditions precedent including approvals from the Australian Foreign Investment Review Board and Chinese government authorities, which will be sought over the coming months," said Wesfarmers.

In a joint venture with Telstra Super, Charter Hall Retail REIT (ASX:CQR) has purchased eight shopping centres worth $266 million from Woolworths (ASX:WOW). The buy was in line with Charter Hall Retail's strategy to expand asset exposure to Australia.

Receivers for troubled electronics retailer Clive Peeters (ASX:CPR) have sold 32 of the company's brick and mortar stores to former rival retailer Harvey Norman (ASX:HVN). The 32 stores came at a price of $55 million.

CSR (ASX:CSR), announced on Monday that that it had agreed to sell Sucrogen, its sugar and renewable energy business, to Singapore based Wilmar International for $1.75 billion. Wilmar is the second largest company in Singapore with a market capitalisation of $30 billion.