Woolworths proposes to take 80% stake in MyDeal.com.au

Date : 20 May 2022

Jon Wright

Head of Insight

Woolworths has entered into a Scheme Implementation Agreement to acquire approximately an 80% stake in marketplace MyDeal.com.au. Woolworths’ offer values MyDeal.com.au at AU$243m. Woolworths said if completed, the remaining 20% stake in the business would continue to be held by MyDeal’s founder…

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