Department store chain Myer has proposed merging with billionaire Solomon Lew's Premier Investments' apparel business. The bid includes acquiring brands such as Portmans, Just Jeans, and Jay Jays. Myer has outlined a massive expansion plan with this acquisition. Solomon Lew is also set to close some retail stores as part of the merger. The department store chain has pitched a bid to buy its Apparel Brands business, which owns a group of retail clothing brands.
After an acquisition bid for Premierโs Apparel Brands business Myer shares soared but the combination may exacerbate existing risk to the business. https://t.co/8QU3ZTOPDd
Solomon Lew set to close retail stores with Myer merger https://t.co/oSyUF7kc6b
Myer has launched a takeover bid for a group of retail clothing brands including Just Jeans and Jay Jays. #9News https://t.co/UCEeBk09E0
Myer outlines massive expansion plan with Just Jeans, Jay Jays buy https://t.co/hBuqlvYCwX
The department store chain has pitched a bid to Solomon Lewโs Premier Investments to buy its Apparel Brands business, which owns Portmans, Just Jeans and other fashion retailers. > https://t.co/rVvoVB1BDu https://t.co/laYWw0dxtw
Department store chain Myer has proposed merging with billionaire Solomon Lew's Premier Investments' apparel business. https://t.co/MCBqBTeWj0