Australian buyout investor Anchorage Capital is locked in a two-horse race on one of its highest-profile assignments, 184-year-old retailer David Jones.
Unafraid of tough turnaround tasks, Anchorage Capital’s deal makers have spent months assessing David Jones, including what went wrong for current owner Woolworths Holdings of South Africa and how to muscle back into the minds of Australian shoppers.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
