Courtesy photo Ashurst Advises on Giant Australian Supermarket Demerger
The transaction marks the fourth-largest demerger in Australia's corporate history.
May 18, 2021 at 01:24 PM
2 minute read
Global law firm Ashurst has advised supermarket owner Woolworths Group on its proposed $9.4 billion demerger of Endeavour Group, in what will be the fourth largest demerger in Australia's corporate history.
The A$12 billion deal will create two separate share market listed companies—Endeavour and Woolworths. Endeavour owns pubs business AHL Group and liquor retailers Dan Murphy's, BWS, Cellarmasters and Langton's.
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