David Jones Says A$1.65 Billion Takeover Bid Withdrawn – Businessweek

 

David Jones Says A$1.65 Billion Takeover Bid Withdrawn – Businessweek

This Bloomberg article contains additional information about the offer for David Jones.

Predictably the share price fell on news of the offer withdrawal, but is holding up in the vicinity of $2.40, with some analysts considering that bids might still emerge for the company. The PE is 8.6, and the dividend yield 10.37. (Commsec).



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