Just Group appoints Lonergan Edwards as Independent Expert
07 Apr '08
1 min read
Just Group Limited (Just Group) announced the appointment of Lonergan Edwards as the independent expert to prepare a report on whether the unsolicited offer from Premier Investments Limited (Premier) is fair and reasonable.
The independent expert's report will be included in the target's statement. Just Group reconfirms its advice to shareholders to Take No Action on the offer at this time.
Just Jeans opened its first store in Chapel Street, Prahran (Melbourne) in December 1970. The business has grown dramatically since that time, through the acquisition and growth of brands across Australia and New Zealand and, in more recent times, the expansion of Jay Jays into South Africa.
In 2004 we changed our name to The Just Group to reflect our expanded portfolio of brands. Today we have 7 brands; Just Jeans, Jacqui E, Jay Jays, Portmans, Peter Alexander, Dotti, and Smiggle. We operate over 850 stores and have almost 6,000 employees.