Anchorage fully exits Dick Smith Electronics with 4x return
Anchorage Capital Partners has exited the remainder of its stake in Australian electronics retailer Dick Smith Holdings, generating a more than 4x return on its investment after a two-year holding period.
Having reduced its stake in Dick Smith from 98% to 20% through the company's IPO in December 2013, Anchorage completed its exit on September 16, according to a regulatory filing. The private equity firm...
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