Retail king Solomon mines DJs' share register

The modest holding, if it were anyone but Lew, would be meaningless. But the presence of the billionaire will unsettle South African suitor Woolworths -- and were he to keep buying it would be game on.

The emergence of Solomon Lew on the David Jones register will unsettle South Africa’s Woolworths Ltd, which may have been the motivation for the buying.

David Jones disclosed today that, in the course of its regular monitoring of its register, it had discovered that Lew’s SL Nominees Pty Ltd had a relevant interest in 3.5 million of its shares, or about 0.65 per cent of its capital.

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