Street Talk

Three reasons why Endeavour will trade at a discount to Woolies

Sarah Thompson, Anthony Macdonald, Tim Boyd and Yolanda Redrup

Jun 23, 2021 – 4.03pm

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Endeavour Group is set to hit the ASX tomorrow thanks to its $12 billion demerger from Woolworths, but it is unlikely to trade as richly as its parent.

Endeavour CEO Steve Donohue and Woolworths CEO Brad Banducci are set for Endeavour to become its own listed entity on Thursday. Dallas Kilponen/Woolworths

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.

Tim Boyd is a journalist, based in Sydney, who writes for the Street Talk column.

Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk.