Anchorage Capital Partners buys David Jones | Kalkine Media

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Anchorage Capital Partners buys David Jones | Kalkine Media

Department store business David Jones has been sold for $120 million. Anchorage Capital Partners and Woolworths Holdings have entered into a binding agreement for Anchorage to acquire the operating business of David Jones, Australia’s pre-eminent omnichannel retailer of world-class brands. Anchorage is one of Australia’s leading private equity firms with extensive experience in retail and consumer investments over 25 years and a strong track record of investing in businesses to accelerate their growth and achieve their strategic and financial objectives. Know more in this trending news update by Kalkine Media.

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