Persianas News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Persianas. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Persianas Today - Breaking & Trending Today
Shoprite Holdings has sold its Nigerian business to local buyer Ketron Investment, it said on Wednesday, nearly 16 years after the SA retailer opened its first outlet in the country. ....
Shoprite sells Nigerian business to local firm Ketron 02 June 2021 - 17:44 By Nqobile Dludla Since its launch in Lagos in December 2005, Shoprite has expanded to more than 25 retail stores across Nigeria, including some of the largest in West Africa. Image: REUTERS/Afolabi Sotunde/File Photo Shoprite Holdings has sold its Nigerian business to local buyer Ketron Investment, nearly 16 years after the retailer opened its first outlet in the country. Shoprite entered into a share purchase agreement with Ketron, a Nigerian company owned by a group of institutional investors led by property group Persianas, for the disposal of its entire interest in Retail Supermarkets Nigeria Limited, the companies said. ....
By Reuters Staff 1 Min Read A man wearing a protective face mask walks outside a Shoprite store in Abuja, Nigeria August 3, 2020. REUTERS/Afolabi Sotunde ABUJA (Reuters) - Nigerian property group Persianas is buying Shoprite’s Nigerian business after the South African retailer decided to retreat from other African markets, three banking sources told Reuters on Wednesday. Shoprite, with more than 2,300 stores across Africa, is awaiting regulatory approval on the sale of its Nigerian supermarket operation, though no further details about the deal have been disclosed. Reporting by Chijioke Ohuocha; Editing by Alexis Akwagyiram and David Goodman ....
By Reuters Staff 1 Min Read A man wearing a protective face mask walks outside a Shoprite store in Abuja, Nigeria August 3, 2020. REUTERS/Afolabi Sotunde ABUJA (Reuters) - Nigerian property group Persianas is buying Shoprite’s Nigerian business after the South African retailer decided to retreat from other African markets, three banking sources told Reuters on Wednesday. Shoprite, with more than 2,300 stores across Africa, is awaiting regulatory approval on the sale of its Nigerian supermarket operation, though no further details about the deal have been disclosed. Reporting by Chijioke Ohuocha; Editing by Alexis Akwagyiram and David Goodman ....