Myer shareholders should be careful what they wish for. It’s great they’re about to get some Solomon Lew magic – Australia’s best rag trader, 60 years’ experience, walks the floor, runs ...
Department store giant Myer’s nearly $900m deal to merge with billionaire Solomon Lew’s Premier’s apparel brands was given the tick of approval by shareholders in both companies on Thursday.
Premier chairman Mr Lew will personally control about 27 per cent of Myer if the proxies support a deal. The proposal is central to Myer executive chairwoman Olivia Wirth’s strategy of expanding ...
The Toorak home of the late business mogul Baillieu Myer and his wife ... up a South Yarra property for circa $25m brokered by Melbourne Sotheby’s International Realty, industry sources revealed.
In separate meetings held across Melbourne, Premier’s shareholders voted 99.8 per cent in favour, while Myer shareholders delivered a whopping 96.2 per cent support for the deal. Lew voted his ...
Add articles to your saved list and come back to them any time. Myer shares have plummeted by more than a fifth after the retail giant said sales shrank in the second half of 2024, a period ...