The article in The Oz was certainly not well sourced!
Woolworths (SA) saying it's all nonsense:
...a spokesman for Woolworths Holdings told AAP the rumours were untrue and the company had no plans to buy Myer.
“These rumours have no basis,” he said.
“We are not considering an acquisition of Myer and there have been no discussions regarding an acquisition with advisers or between the two companies.”
https://www.insideretail.com.au/blog/2018/04/06/myer-shares-soar-on-acquisition-reports/#daily:
David Jones Takeover Talk, page-8
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Last
78.0¢ |
Change
-0.035(4.29%) |
Mkt cap ! $648.8M | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 81.0¢ | 78.0¢ | $280.9K | 355.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 22059 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.5¢ | 19925 | 10 |
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