Reject Shop Deal Premium Exceeds Retail Peers -- Market Talk

Dow Jones

Mar 28, 2025

2208 GMT - Dollarama's A$259 million takeover offer for The Reject Shop values the Australian company at a significant premium to its retail peers, says Ord Minnett. The Reject Shop's directors have unanimously recommended that shareholders vote in favor of the cash offer of A$6.68/share, which represents a 112% premium to its closing share price of A$3.15 on Wednesday. "Overall, we view the acquisition price as a significant positive for shareholders, given the premium to its 'last close', the premium to its historical trading range, and the premium to its peer group valuation," analyst James Casey says. The Reject Shop ended Thursday at A$6.60. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

March 27, 2025 18:08 ET (22:08 GMT)

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The Reject Shop's directors have unanimously recommended that shareholders vote in favor of the cash offer of A$6.68/share, which represents a 112% premium to its closing share price of A$3.15 on Wednesday. \"Overall, we view the acquisition price as a significant positive for shareholders, given the premium to its 'last close', the premium to its historical trading range, and the premium to its peer group valuation,\" analyst James Casey says. The Reject Shop ended Thursday at A$6.60. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 27, 2025 18:08 ET (22:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reject Shop Deal Premium Exceeds Retail Peers -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReject Shop Deal Premium Exceeds Retail Peers -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-28 06:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2208 GMT - Dollarama's A$259 million takeover offer for The Reject Shop values the Australian company at a significant premium to its retail peers, says Ord Minnett. The Reject Shop's directors have unanimously recommended that shareholders vote in favor of the cash offer of A$6.68/share, which represents a 112% premium to its closing share price of A$3.15 on Wednesday. \"Overall, we view the acquisition price as a significant positive for shareholders, given the premium to its 'last close', the premium to its historical trading range, and the premium to its peer group valuation,\" analyst James Casey says. The Reject Shop ended Thursday at A$6.60. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 27, 2025 18:08 ET (22:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7041","symbol_name":"综合货品商店","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2522309553","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2522309553","pubTimestamp":1743113280,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2208 GMT - Dollarama's A$259 million takeover offer for The Reject Shop values the Australian company at a significant premium to its retail peers, says Ord Minnett. The Reject Shop's directors have unanimously recommended that shareholders vote in favor of the cash offer of A$6.68/share, which represents a 112% premium to its closing share price of A$3.15 on Wednesday. \"Overall, we view the acquisition price as a significant positive for shareholders, given the premium to its 'last close', the premium to its historical trading range, and the premium to its peer group valuation,\" analyst James Casey says. The Reject Shop ended Thursday at A$6.60. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7041":"综合货品商店","TRS.AU":"REJECT SHOP LTD/THE","BK7153":"综合零售"},"translate_title":"拒绝商店交易溢价超过零售同行——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TRS.AU":0.9},"content_text":"2208 GMT - Dollarama's A$259 million takeover offer for The Reject Shop values the Australian company at a significant premium to its retail peers, says Ord Minnett. 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