PI Global Investments
Private Equity

David Jones collapse communicated to staff as executives front employees


Anchorage Capital Partners, the private equity firm that has owned David Jones for more than three years, is already mulling making a bid to re-acquire the department store after it fell into administration.

The retailer was placed into administration on Thursday after the failure of discussions with landlords including Scentre, which runs Westfield shopping centres, over rent reprieves and the closure of several stores.

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