Why the price for Country Road is right for Woolworths and Lew

New independent expert analysis suggests any 'collateral benefit' received by Solomon Lew for his stake in Country Road may be more muted than previously thought.

Country Road’s independent expert has come to the unsurprising conclusion that South Africa’s Woolworths is paying a premium in a bid for the outstanding shares in Country Road that values that business at about $1.89 billion. At face value, that would appear to suggest Solomon Lew is getting paid over the odds for not derailing Woolworths' $2.2bn bid for David Jones.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles