Who is the South African retail giant behind the David Jones bid?

Mortimer, Gary (2014) Who is the South African retail giant behind the David Jones bid? The Conversation, April(10).

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Yesterday morning came the news South African retailer Woolworths had offered $4 a share to acquire David Jones, a proposal that has the approval of the department store’s board. This offer, worth an estimated A$2.15 billion, represents a 25% premium over the current share price value. An earlier offer, from rival Myer, was rejected earlier this year. But who is Woolworths? Not to be confused with Australia’s largest supermarket, Woolworths SA is one of South Africa’s largest retailers.

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ID Code: 92656
Item Type: Journal Article
Refereed: Yes
Keywords: Retail, Department Stores, Woolworths SA
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Advertising, Marketing & Public Relations
Deposited On: 05 Feb 2016 00:46
Last Modified: 09 Feb 2016 03:45

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