Woolworths, an Australian trans-Tasman retailer, has agreed to acquire 55% of interest in Petspiration, a pet food retailer, for an enterprise value of approximately AUD 1.7 billion, assuming net debt of around AUD 670 million. The acquisition is expected to increase Woolworths’ presence in the pet retail space. Petspiration owns and runs PETstock, a retail […]
Woolworths Group has offered to acquire a stake of around 80% in MyDeal.com.au (MyDeal), an Australian online marketplace, in a deal that values 100% of the latter at A$243 million. In this regard, the Australian supermarket company has signed a scheme implementation agreement (SIA) with MyDeal. Shareholders of the ASX-listed online marketplace are being offered […]
