Shareholders in Australias oldest department store, David Jones, - TopicsExpress

Shareholders in Australias oldest department store, David Jones, on Monday approved an Aus$2.1 billion (US$1.98 billion) takeover of the upmarket chain by South African retail giant Woolworths Holdings.The David Jones board had unanimously backed the Woolworths proposal, and the Aus$4 a share offer was overwhelmingly supported by shareholders, winning close to 90 per - Read more: tipnews.info/u.php?t=zragq9B

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