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The Australian
 

Good afternoon,

Myer and Solomon Lew's Premier Investments were hammered in trading on Monday after the retailers provided weak performance updates as shareholders prepare to vote on the $900m-plus merger of Myer and Premier's apparel business next week.

Meanwhile, Bain Capital has kicked off the first bidding war of the year, lobbing a sweetened bid for takeover target Insignia Financial, teasing a scrip component to give it an edge over rival bidder CC Capital.

And MA Financial has teased the first big float of 2025, planning to raise about $300m for a listed private credit trust as the asset management and advisory firm pushes further into debt and credit markets.

Perry Williams
Business editor
The markets


Commentary
For Myer, Lew merger now hinges on a question of fairness
By ERIC JOHNSTON
Associate Editor
A major test is coming up for Myer shareholders on the planned $900m-plus merger with Solomon Lew’s retail brands.
Latest news
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By COLIN PACKHAM
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By COLIN PACKHAM
US hands Syrah millions as Albanese policy debate rages
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By BRAD THOMPSON
Are Qantas Classic Rewards being made harder to find?
Qantas frequent flyers question whether the airline is withholding Classic Reward seats as none are available in business class on flights to London and Paris in 2025.
By ROBYN IRONSIDE
Commercial property tipped to recover
The chief executives of some of Australia’s largest commercial property companies forecast a recovery in 2025, calling on governments to kickstart tax and labour reform.
By CHRIS HERDE

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