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While the deal is loss-making, it will remove R17 billion in liabilities from Woolworths’s balance sheet.
Department store David Jones sold by Woolworths Holdings to Anchorage Capital, prepares for new start
David Jones to be sold for around $100m – less than 90 per cent of its worth eight years ago
David Jones Cash Flow Report For His Annual Report 2010
Lockdown Down Under: Woolworths' near-term fate depends on Australian authorities
Woolworths drops David Jones – BusinessTech
David Jones sale to Anchorage Capital Partners for up to $150 million is imminent as CEO Scott Fyfe to say
Woolworths finally sells David Jones - Moneyweb
David Jones Australia: Retail expert warns iconic 185-year-old Aussie brand could 'falter
David Jones
David Jones to be back in Australian hands after sale to private equity firm, David Jones