Bain Capital LLC has made a R25bn buyout offer for South Africa's largest fashion retailer Edgars Consolidated Stores (Edcon) in the country's biggest private equity deal yet.
Edcon said in a statement the cash offer was R46 per ordinary share and R2 for each preference share. Edcon's board has recommended that shareholders accept the offer.
Read more at FIN24.co.za
Showing posts with label South Africa's largest fashion retailer. Show all posts
Showing posts with label South Africa's largest fashion retailer. Show all posts
Thursday, February 8, 2007
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