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Rothschild Australia upbeat on outlook after swinging to profit

2015-07-06 12:05:22| Oil & Gas - Topix.net

Advising foreign suitors on separate takeovers of David Jones and Primo Smallgoods helped Rothschild Australia swing to a profit in the 12 months ended March 31. Rothschild last year advised South Africa's Woolworths on its successful tilt at David Jones, and worked with Brazil's JBS on its acquisition of Primo. The David Jones transaction also saw Rothschild providing debt financing advice, and the firm was an independent adviser on the Westfield restructure, as well as helping Royal Dutch Shell in the selldown of its stake in Woodside Petroleum.

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