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Woolworths Group Demerger of Endeavor Drinks Group

Mergers & Acquisitions

Woolworths Group (OTC: WOLWF), a retail operator and the largest company in Australia by revenue, spun out subsidiary Endeavor Group (ASX: EDV), an alcoholic drink retailer, in a transaction valued at A$12 billion.

Morrow Sodali acted as the proxy solicitor for the parent company in this transaction.

Find more information here.