SYDNEY — Australian department store group David Jones Ltd. said Monday that British and Luxembourg-based investment fund EB Private Equity has withdrawn its 1.65 billion Australian dollar, or $1.69 billion, takeover bid for the retailer.
“The company has been informed via letter this afternoon that EBPE has decided to withdraw its proposal,” David Jones said. “The EBPE letter states that recent publicity around its proposal has made it difficult to proceed.”
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"