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Anchorage Capital Partners snares David Jones

A private equity firm has bought upmarket department store David Jones for $100 million from its South African owners Woolworths who bought it for $2.1 billion in 2014.

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David Jones sold to Australian private equity firm

David Jones sold to Australian private equity firm
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Firm sells David Jones for $120m after paying $2b eight years ago

Upmarket department store David Jones has been sold by its South African owners for a small percentage of .

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David Jones to be back in Australian hands after sale to private equity firm

Anchorage Capital Partners will acquire the 185-year-old company from South African-based Woolworths Holdings Limited

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Iconic Australian department store David Jones sold by South African owners at a huge loss

The country’s oldest department store David Jones has been sold to an Australian private equity firm for a significantly lower price than what it was purchased for in 2014.

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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.

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Woolworths finally sells David Jones

To Australian private equity fund Anchorage Capital Partners.

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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.

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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.

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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.

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