There is speculation in the market that Woolworths Group Limited (ASX:WOW) is planning to put David Jones Pty Limited on the market as private equity firms such as Permira run the ruler over the retail business. The well-known Australian department store has previously been advised by UBS and KordaMentha, but the understanding is that Jarden could soon have a role should a divestment take place. Private equity is believed to have been examining David Jones for a potential acquisition in recent months. Permira Advisers Ltd. is understood to have shown interest, with the idea of bringing the business together with Myer Pty Ltd., while an Asian private equity firm is also understood to be looking.