0104 GMT [Dow Jones]--David Jones (DJS.AU) shares are trading under the cloud of uncertainty stirred up by businessman Solomon Lew, whose company confirms it has amassed a 9.89% stake in the department store chain. David Jones shares are 0.3% lower at A$3.87, a discount to the A$4/share South Africa's Woolworths (WHL.JO) has agreed to pay for the company. Deutsche Bank has built up a 6.69% stake, a chunk of which is held for "unknown" parties, according to a recent stock exchange filing. The Woolworths offer cleared a hurdle this week when its shareholders approved the A$2.15 billion takeover. David Jones shareholders are set to vote on the deal June 30. (robb.stewart@wsj.com; Twitter: @RobbMStewart)

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

David Jones Ltd (ASX:DJS)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more David Jones Ltd Charts.
David Jones Ltd (ASX:DJS)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more David Jones Ltd Charts.