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April 21 (Reuters) - Woolworths Ltd
* Notes that an award has now been made in confidential arbitration between woolworths and lowe's in relation to their home improvement joint venture.
* Woolworths will be able to conclude proposed transaction with home consortium without consent of lowe's
* Lowe's is now required to sell its shares in joint venture co, Hydrox Holdings Pty for a value determined by a third-party independent expert as at 18 jan 2016 Source text for Eikon: Further company coverage: (firstname.lastname@example.org)