David Jones Faulted by Takeover Experts for Letting Shares Trade

David Jones Faulted by Takeover Experts for Letting Shares Trade

Jack Atley/Bloomberg

The offer for Australia’s second-largest department store chain would have been the biggest retail takeover in the country since Wesfarmers Ltd. paid $15.2 billion for Coles Group Ltd. in 2007, according to data compiled by Bloomberg.