Woolworths Is Demerging: What Does It Mean?

You might have heard the whispers in the Equity Mates community... Woolworths have merged their drinks businesses - Dans, BWS - with their hospitality business - ALH - to form Endeavour Group. This was completed in February 2020 and Woolworths’ intention was to pursue a separation of Endeavour Group from Woolworths Group. The resulting demerger will create two independent ASX-listed companies with Endeavour Group likely to be a top ASX50 company - with a valuation ranging anywhere between $9.3 billion and $12.5 billion. In this episode, Alec and Bryce talk everything demerger - just what does that mean, how does it work in practice, what does this mean for existing shareholders, and what does this mean for new shareholders?

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