Two giants bid to become the retail champion of Africa through merger
Retail conglomerate steinhoff international has entered into talks with south african-based supermarket group shoprite holding in bid to create ‘the retail champion of africa’, says a report by www.cabinet-maker.co.uk The two companies officially stated in december 2016 that negotiations to merge its respective african retail businesses were underway, with the objective to create a ‘formidable […]