RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (RAKEZ) successfully led a business ...
Read More »Woolworths sells Australia’s David Jones chain to Anchorage
Bloomberg Woolworths Holdings Ltd. agreed to sell Australia’s oldest department store chain David Jones to Anchorage Capital Partners, ending an expensive misstep for the South African retailer. The deal will remove about 17 billion rand ($965 million) of liabilities related to the David Jones store portfolio, Woolworths said in a statement. Management expects to get more than the carrying ...
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