Tag: david joines
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David Jones returns to Australian ownership in $250m deal
After eight years in the hands of South Africa’s Woolworths Holdings Limited (WHL) which purchased the then-listed company in 2014 for $2.1 billion, iconic department store retailer David Jones is set to return to Australian ownership. Sydney-based Anchorage Capital Partners, which has previously achieved turnarounds with brands such as Burger King NZ and Golden Circle,…