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David Jones is sold to Anchorage Capital Partners for a pitiful $100million

Iconic department store David Jones has been sold to private equity firm Anchorage Capital Partners for just $100million.

New zealandNew south walesScott fyfeDavid jonesWoolworths holdingsAustralia departmentGoldman sachsIconic departmentAnchorage capital partnersSouth african basedAnchorage capitalBourke street mallSydney based anchorageCapital partnersCountry road

Woolworths finally sells David Jones

To Australian private equity fund Anchorage Capital Partners.

South africaSouth africanScott fyfeRoy bagattiniDavid jonesAustralian departmentWoolworths holdings limitedAnchorage capital partnersBourke streetAustralian country road group

ASX LIVE: Australian shares top drop; Wall Street extends rout

Australian shares trading down 0.3 per cent; S&P 500, Nasdaq extend rout; David Jones sold; conditions deteriorate at Domain; Twitter reverses Linktree ban; RBA December minutes ahead; follow for updates.

New yorkUnited statesNew zealandNew south walesSouth africaSouth africanScott fyfeElon muskSimon woodhouseColin ruschDavid jonesCarrie lafrenzWoolworths holdingsRothschild coAnalysts at oppenheimer coFederal reserve

David Jones: Inside the sad downfall of the once mighty 184-year-old Australian department store

From Covid-19 to unsuccessful expansions, what went wrong for leading retailer David Jones, which could be unloaded at a fire sale price before Christmas by its South African owner.

New zealand generalNew zealandNew south walesSouth africaSouth australiaSouth africanLauren huttonScott fyfeMiranda kerrPa david jonesCarla zampattiJesinta franklinJessica gomesRoy bagattiniMegan galeDavid jone

David Jones could be sold off by Christmas to Anchorage Capital

There is now speculation Anchorage Capital will take ownership of the Australian department store in a deal worth $130million.

New zealandNew south walesScott fyfeRoy bagattiniDavid jonesWoolworths holdingsAustralian departmentAnchorage capitalSouth african basedBourke street

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