Premier Investments Ltd
PMV: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.% | LOCK|v^ | LOCK|#N@r?s@ |
Corporate Action: Recommend Voting in Favor of Myer-Premier Transaction
Myer and Premier propose merging five of Premier's apparel brands with Myer's department stores. Subject to conditions, including approval from both Myer and Premier shareholders, the deal transforms Myer into a discretionary retailing juggernaut with annual sales of more than AUD 4 billion.
