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Myer Shareholders Back $4 Billion Apparel Brands Merger to Boost Growth
7:03pm on Monday 2nd of June, 2025 AEST
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Myer Shareholders Back $4 Billion Apparel Brands Merger to Boost Growth
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Myer proposes combination with Premier Investments' Apparel Brands
Combination valued at over $4 billion in pro forma FY24 sales
Independent Expert deems the deal fair and reasonable
Shareholders show strong preliminary support with 95.45% votes in favor
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