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


Autoria(s): Mortimer, Gary
Data(s)

10/04/2014

Resumo

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.

Identificador

http://eprints.qut.edu.au/92656/

Publicador

The Conversation Media Group

Relação

https://theconversation.com/who-is-the-south-african-retail-giant-behind-the-david-jones-bid-25472

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

Fonte

QUT Business School; School of Advertising, Marketing & Public Relations

Palavras-Chave #Retail #Department Stores #Woolworths SA
Tipo

Journal Article