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Woolies finally sells its problematic David Jones subsidiary

€ 18.50 · 4.5 (580) · In Magazzino

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

David Jones to be sold for around $100m – less than 90 per cent of its worth eight years ago

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David Jones to be sold for around $100m – less than 90 per cent of its worth eight years ago

Woolworths (United Kingdom) - Wikipedia

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