Shoprite gets approval to buy stores from Makro and Game owner
The Competition Tribunal has approved the Shoprite Group's proposed transaction to buy numerous Massmart-owned wholesalers, supermarkets, and liquor stores, but with extensive conditions.
Earlier this year, Shoprite offered...
Massmart selling food stores to Shoprite Checkers for R1.36 billion
Retail group Massmart has announced it will sell some of its food-focused retailers and cash and carry stores to Shoprite Checkers for R1.36 billion.
The transaction, which is subject to regulatory approvals, will see...