Myer Holdings Limited (ASX:MYR) signed a letter of intent to acquire Premier?s Apparel Brands business from Premier Investments Limited (ASX:PMV) on June 24, 2024. The consideration consists of common equity of Myer Holdings Limited to be issued for assets of Premier?s Apparel Brands business. The transaction is subject to approval by Myer?s Board and shareholders, Premier?s Board and shareholders, and be subject to ASX, ACCC and ATO engagement.