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Pepkor - conclusion of acquisitions
Pepkor shareholders and noteholders were referred to the Stock Exchange News Service ("SENS") of the JSE Ltd. ("JSE") announcement published on 25 March 2025, wherein the company advised that it had entered into a transaction agreement to acquire the Legit, Swagga, Style and Boardmans businesses from Retailability (Pty) Ltd. ("Retailability") ("Proposed Transaction").
The company confirmed that all conditions precedent for the Proposed Transaction, as set out in the relevant transaction agreements have now been fulfilled, it being noted that the approvals from all relevant competition authorities have now been obtained. On the basis that the Proposed Transaction is now unconditional, the Proposed Transaction was implemented as envisaged, effective from 2 November 2025.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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