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Myer Secures Shareholder Approval for Strategic Apparel Brands Merger
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Myer Secures Shareholder Approval for Strategic Apparel Brands Merger

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Invest with Confidence:

An announcement from Myer Holdings Limited ( (AU:MYR) ) is now available.

Myer Holdings Limited announced the approval of its proposed combination with the Apparel Brands business of Premier Investments Limited, following strong shareholder support in an Extraordinary General Meeting. This strategic move is expected to transform the Myer Group, creating a more resilient business with diversified earnings, benefiting customers, team members, and shareholders.

More about Myer Holdings Limited

Myer Holdings Limited is a prominent retail company operating in Australia and New Zealand. It focuses on providing a wide range of apparel and related products to its customers, aiming to establish a leading retail platform in the region.

YTD Price Performance: -26.76%

Average Trading Volume: 2,573

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €446.9M

Find detailed analytics on MYR stock on TipRanks’ Stock Analysis page.

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