, Australia
Photo by Patrick McLachlan via Pexels

Woolworths sells remaining 4.1% stake in Endeavour Group for $383m

The funds will be used to acquire the remaining 35% of PFD Food Services Pty Limited.

Australia's Woolworths Group has announced it will sell its remaining 4.1% stake in Endeavour Group through a block trade priced at $5.23 per share. 

The sale, valued at $383m, will provide Woolworths with funds earmarked for acquiring the remaining 35% of PFD Food Services Pty Limited.

The company has confirmed that it holds no undisclosed information that could materially impact the price or value of Endeavour Group securities.
 

Join Retail Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Siam Paragon launches THB850m sustainable retail building
NEXTOPIA will use renewable energy and carry 300 SME retailers, amongst others.
Asia Pacific marketers plan higher 2026 spending on video and e-commerce
Kantar’s ranking of 2025 media channels placed digital out-of-home in the top position for both consumers and marketers.