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Anchorage repackages businesses from footwear to burgers

2016-01-07 04:45:17| Grocery - Topix.net

Anchorage Capital Partners, which more-than quadrupled its money buying retailer Dick Smith from Woolworths in 2012 and taking it public a year later, has reaped big profits from shaping industries in Australasia ranging from clothing and footwear, to burgers, tinned food and irrigation. Anchorage paid as much as A$115 million for Dick Smith, although only about A$20 million was upfront.

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