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Shoprite Gets New Owners by sleeksavbvy: 8:53am On Jun 03, 2021 |
A deal has been reached in the acquisition of Retail Supermarkets Nigeria Limited (RSNL), owner and operator of the Shoprite stores in Nigeria, by Ketron Investment Limited, a Nigerian company owned by a group of institutional investors led by Persianas Investment Limited. The divestment by Shoprite International is in line with its strategy to change from an ownership model to a franchise model. This change in ownership has also received the approval of the Nigerian regulator, the Federal Competition and Consumer Protection Commission (FCCPC)... https://www.techawkng.com/2021/06/03/ketron-investment-limited-completes-acquisition-of-shoprite-nigeria/ |
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