Wenzel’s weekly wrap

Department store David Jones was this week acquired by private equity firm Anchorage Capital, for $100m. Beauty and skincare group BWX, partly owned by Fortescue’s Andrew Forrest revised its forecasts downward during the week as part of a capital raise. The Bank of Japan surprised markets by increasing the band it will allow Japanese Government bonds to trade at from 0.5% above or below its 0% target, increase from 0.25%.