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AAP

Business

Derek Rose

Woolworths to buy MyDeal.com.au for $243m

MyDeal Woolworths ASX Woolworths Group

Woolworths says the acquisition of MyDeal will beef up its marketplace capabilities in bulky goods. (AAP)

Woolworths has agreed to acquire ASX-listed online marketplace MyDeal.com.au for $243 million.

The supermarket giant is proposing to pay $1.05 per MyDeal share, a 62.8 per cent premium on its Thursday closing price.

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