David Jones is being sold to Anchorage Capital Partners for a paltry $100 million
David Jones is SOLD for a pathetic $100 million – just seven years after it was bought by a South African company for $2.1 billion
Legendary department store David Jones has been sold to private equity firm Anchorage Capital Partners for just $100 million.
The company’s South African-based owners, Woolworths Holdings, paid a whopping $2.1 billion for the retail chain in 2014.
The 184-year-old company with 43 stores and two distribution centers in Australia and New Zealand was set to be sold for approximately $130 million.
David Jones has sold to Sydney-based private equity firm Anchorage Capital Partners for just $100 million
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https://www.dailymail.co.uk/news/article-11553213/David-Jones-sold-Anchorage-Capital-Partners-pitiful-100million.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 David Jones is being sold to Anchorage Capital Partners for a paltry $100 million