DataRoom AM: DJs time-out

David Jones has postponed its shareholder vote as it tries to figure out what Solomon Lew is up to, while Frank Lowy’s second judgement day is at hand.

David Jones executives are getting edgy about the motives of Solomon Lew for building a 9.9 per cent stake, with the best-laid plans now thrown out the window.

Elsewhere, Bank of Queensland sizes up Suncorp, Stockland appears ready to let Australand slip out of its reach and the planned Westfield restructure again goes on the line.


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