Cashflow
DFO founders demand inquiry into ACCC’s Graeme Samuel
Direct Factory Outlet founders David Wieland and David Goldberger are demanding an inquiry into ACCC chairman Graeme Samuel, The Australian reports.
Tag: Suncorp-Metway
Cashflow
DFO owner Austexx set to sell four malls to CFS Retail
DFO’s Austexx is set to sell four of its nine DFO shopping malls to CFS Retail Property Trust as CFS seeks to raise $500 million in capital to complete the transaction, according to reports from people close to the matter in Bloomberg.
Cashflow
DFO stores to be sold to repay $1 billion owed to banks
Direct Factory Outlet (DFO) will be split up store by store and sold off to repay almost $1 billion owed to banks after development of the DFO South Wharf outlet stalled when cash dried up.
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