DataRoom AM: Pushy Brookes

David Jones may give thought to Myer’s restated merger bid, while Woodside wants a timeline on Shell’s divestment plans.

Expect David Jones to play ball with Myer Holdings as the latter reignites its merger plans for the two department store giants… but that doesn’t mean it’s a good idea. After all, how often does a merger of two struggling firms turn out for the best?

Elsewhere, Woodside Petroleum seeks clarity from its largest shareholder, Spotless Group tests the waters on a $2 billion IPO and Quadrant Private Equity progresses two floats of its own.

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