Original article by Kylar Loussikian
The Australian Financial Review – Page: 14 : 25-Jun-24

Premier Investments’ chairman Solomon Lew would become the biggest shareholder in Myer Holdings if a proposed deal to acquire the former’s Apparel Brands division proceeds. Myer has approached Premier Investments with the all-scrip deal, which would result in the department store group acquiring brands such as Just Jeans, Jay Jays and Portmans. Premier would in turn distribute the Myer shares to its stockholders. Myer’s executive chair Olivia Wirth says it is looking at both organic and inorganic investment opportunities.

CORPORATES
MYER HOLDINGS LIMITED – ASX MYR, PREMIER INVESTMENTS LIMITED – ASX PMV, APPAREL BRANDS, JUST JEANS PTY LTD, JAY JAY’S JEANS WAREHOUSE PTY LTD, PORTMANS PTY LTD