Inside the Australian and New Zealand book industry

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Myer to take on four Harris Scarfe stores

Department store Myer is to take over four stores from its competitor Harris Scarfe, following a takeover of the troubled South Australian-based retail chain. The $80 million takeover was led by Momentum, a private equity bank, with Myer taking a 20% share and the current Harris Scarfe management team 15%....

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Category: Local news