DataRoom AM: DJs delight

A counter-offer to Woolworths' David Jones bid looks unlikely, while Woodside may sort out tax hurdles for its Leviathan project by next week.

David Jones has fallen into the hands of a retail giant, but not the one many expected. A bid from South Africa’s Woolworths has won over the department store operator’s board and investors are confident no counterbids are on the horizon.

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