Tag: JST – PMV

Fashion retailer, Just Group (JST) has today formally replied to a take-over bid from Solomon Lew’s Premier Group last week, urging shareholders to take no action.

Solomon Lew and his Premier Investments are engaging in a bit of opportunistic bottom fishing to try and snap up fashion retailer, Just Group.

Shares in retail group Just Group (JST) rose as much as 13% today after it was named as a takeover target by Premier Investments, whose bid values the retailer at $898 million.