Woolies finally sells its problematic David Jones subsidiary

While the deal is loss-making, it will remove R17 billion in liabilities from Woolworths’s balance sheet.

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David Jones agrees to takeover by South Africa's Woolworths - BBC News

David Jones to be acquired by private equity firm Anchorage Capital

South Africa's Woolworths to sell Australia's David Jones

Woolies finally sells its problematic David Jones subsidiary