Tayo Amusan Takes Over Shoprite, Set To Rename It - Business - Nairaland
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| Tayo Amusan Takes Over Shoprite, Set To Rename It by Irukkanews: 7:20pm On Aug 03, 2020 |
Nigerian business mogul, Tayo Amusan, has reportedly taken over South African retail giant Shoprite, according to a source close to the deal. This comes after it emerged that Africa’s largest retailers have initiated process to exit Nigeria, bringing an end to its 15-year stay in the country. In a trading update published on Monday, Shoprite stated that the decision was reached after “approaches from various potential investors, and in line with our re-evaluation of the Group’s operating model in Nigeria.” It added that when it reports its results for the year, its business in Nigeria “may be classified as a discontinued operation.” But a source at the heart of the operation has exclusively told Olisa.tv that Amusan, Chairman of Persianis Limited, owners The Palms Shopping Mall, Lekki would take over the running of the chain of stores. It is understood that Amusan, who owns shopping malls in Enugu, Kwara and Ibadan, would run the firm for three years after becoming the highest share holder. He is set to rename it as Jarra. Details later… Source: https://irukkanews.com/index.php/2020/08/03/tayo-amusan-takes-over-shoprite-set-to-rename-it/ 1 Share
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| Re: Tayo Amusan Takes Over Shoprite, Set To Rename It by macdammy(m): 7:22pm On Aug 03, 2020 |
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| Re: Tayo Amusan Takes Over Shoprite, Set To Rename It by ojun50(m): 7:47pm On Aug 03, 2020 |
Jarra rite abi na wetin you call am op |
| Re: Tayo Amusan Takes Over Shoprite, Set To Rename It by Rebuke: 7:54pm On Aug 03, 2020 |
Wetin be all this one na? Naija matter just tire me on every side. No one knows what's true and what's not anymore. We hear this today then another tomorrow. |
| Re: Tayo Amusan Takes Over Shoprite, Set To Rename It by mrsage(m): 7:57pm On Aug 03, 2020 |
We are watching.... |
| Re: Tayo Amusan Takes Over Shoprite, Set To Rename It by fastlane84: 8:35pm On Aug 03, 2020 |
Tomorrow we go hear the real story |
| Re: Tayo Amusan Takes Over Shoprite, Set To Rename It by Nobody: 9:00pm On Aug 03, 2020 |
E get y |
(1) (Reply)
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