Sun, Dec 21, 2014
A A A
Welcome ancapital
RSS

EB Private Equity bids $1.67 bln for David Jones

Posted on 06 July 2012

David Jones Ltd. said that a little-known private equity firm, EB Private Equity, had made a 1.65 billion Australian dollar (US$1.67 billion) takeover approach for the company, sending its shares surging.
The upmarket department store chain urged investors to be cautious about the approach and said it had limited information about the bidder or its funding capabilities. A spokeswoman for David Jones said the offer was received via email and did not contain a contact telephone number. “We have responded via email with a request for more information,” she said. ……………………………………….Full Article: Source


 Article link

This post was written by:

admin - who has written 26 posts on Opalesque Private Equity Briefing.


Contact the author

Comments are closed.

December 2014
S M T W T F S
« Jul    
 123456
78910111213
14151617181920
21222324252627
28293031