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$1.7B PE Bid For Aussie Retail Co. Draws Regulator's Scrutiny

By Megan Stride (July 3, 2012, 1:33 PM EDT) -- Australia's financial services regulator said Tuesday that it is investigating an AU$1.65 billion (US$1.69 billion) takeover offer for David Jones Ltd. by a little-known U.K. private equity firm that initially boosted the department store operator's stock price and then sent it falling after the firm withdrew the proposal Monday....

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