Brett Blundy and Ray Itaoui are long-time business partners dating back to their Sanity Entertainment days. Now they are moving into discount retail.
Less Group, is on track to join the discount retailer in September as planned despite Brett Blundy andThe Australian Financial Review’s
Lead independent director Stephen Heath said while the offer does not contain a typical control premium, and despite the major investors’ acceptance, the independent committee determined that it should be made available to all shareholders to accept or not. “That being said, we note that the offer will provide an ability for shareholders who wish to exit large shareholdings in [BestLess] to do so in an orderly fashion without unduly impacting the company share price,” Mr Heath said.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Cost is the enemy’: Brett Blundy’s road to Best & LessThat the Bras ‘N’ Things and Sanity Music founder could get away with an offer for the budget retailer less than its previous closing price is a sign of his stellar reputation.
Read more »
ASX LIVE: ASX gains, Origin eyes earnings bonanza; Kumul-Santos deal extended; Transurban ups distribution; Deterra posts $60m royalties; Blundy bids for Best & Less; Adore Beauty revenues fall.Australian shares rally; Origin eyes earnings bonanza; Kumul-Santos deal extended; Transurban ups distribution; Deterra posts $60m royalties; Blundy bids for Best & Less; Adore Beauty revenues fall.
Read more »
ASX LIVE: ASX gains, Origin eyes earnings bonanza; Kumul-Santos deal extended; Transurban ups distribution; Deterra posts $60m royalties; Blundy bids for Best & Less; Adore Beauty revenues fall.Australian shares rally; Origin eyes earnings bonanza; Kumul-Santos deal extended; Transurban ups distribution; Deterra posts $60m royalties; Blundy bids for Best & Less; Adore Beauty revenues fall.
Read more »
‘Cost is the enemy’: Brett Blundy’s road to Best & LessThat the Bras ‘N’ Things and Sanity Music founder could get away with an offer for the budget retailer less than its previous closing price is a sign of his stellar reputation.
Read more »