SYDNEY: Australian regulators are probing the withdrawn A$1.65bil takeover offer for David Jones by a little-known Britain-based firm that sent shares in the country's No. 2 department store chain on a roller-coaster ride.
The Australian Securities and Investments Commission (ASIC) said in a statement on its website that it was looking at potential issues over disclosure and trading in David Jones stock by both domestic and international parties.
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