DataRoom AM: DJs scrutiny

Woolworths SA’s bid for David Jones has cleared one ASIC hurdle but more may follow, while Mineral Resources backs down from its fight against the Aquila takeover.

The Australian Securities and Investments Commission will keep an eye on David Jones and Woolworths as another court date looms large with 10 days to go before the vote.

Meanwhile, Mineral Resources has sold its Aquila shares to the suitors, Goldman Sachs doesn’t like what the speculators are doing to Roc Oil stock and New Hope has reportedly started selling its WestSide stake to the bidder.

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