Woolworths on Tuesday offered to buy Lew out of Country Road at a massive premium of A$17 a share, handing the Melbourne-based businessman a A$188 million profit and removing his implied threat to ...

The move by Melbourne-based Lew, who has held his minority stake in Country Road for 17 years, was widely seen as a tactic to force Woolworths, which owns the rest, to buy out his stake, currently ...

Woolworths’ offer price of A$17 a share for Mr Lew’s Country Road stake represents a 21.4 per cent premium to Monday’s closing price and values the outstanding shares at A$213m.

Score one for Solomon Lew, the Australian billionaire and former chairman of retailer Coles. Woolworths Holdings just announced it will bid A$17 per share for the remaining stake in Country Road ...

Australian regulators said South Africa's Woolworths should provide an independent valuation of Country Road Ltd due to concerns investor Solomon Lew may benefit unfairly from selling Woolworths his ...

Country Road celebrates its iconic duffle bag Made to be loved and passed on to future generations, this versatile accessory is a timeless symbol of the brand's heritage 03 September 2024 - 08:46 ...

RETAIL magnate Solomon Lew looks unlikely to squeeze any extra cash out of South Africa’s Woolworths after the group declared its $17 per share takeover offer for Country Road final, saying it ...

Cape Town - Woolworths Holdings [JSE:WHL] is pleased to announce that it has achieved over 90% relevant interest in Country Road. As a result of acceptances received in respect of its takeover offer ...

Woolworths, which already owns 88 per cent of Country Road, is offering $17 a share as part of its cash offer, a 21.4 premium to its closing price of $14 on Monday.

"Country Road management is currently reviewing the USA operations from a strategic perspective and considering how to best move forward," the group said in a statement. "The impact of the events of ...

South Africa’s Woolworths Holdings Ltd’s $200 million bid to buy out Australian retailer Country Road Ltd shareholders was fair and reasonable, an independent expert said on Monday. Woolworths ...

SA’s Woolworths Holdings Ltd has offered to buy the 12 percent of Country Road Ltd it does not already own from billionaire Solomon Lew. Wednesday, May 28, 2025 News ...