Done deal: Foschini Group’s purchase of Jet stores will save 4,8k jobs, say BRPs
The Foschini Group entered into an agreement with Edcon’s BRPs to buy commercially viable stores and selected assets of Jet for R480 million. Earlier this week, the Competition Commission said all the conditions for the group’s acquisition of Jet stores in South Africa had been met. Picture: Supplied JOHANNESBURG – Edcon’s business rescue practitioners (BRPs) […]
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