South African retailer purchases lion share in Brittan’s Office Retail Group

South African retailer purchases lion share in Brittan’s Office Retail Group

South African fashiontrader Truworths International has said that it has gone into a consent to purchase a 88.9 percent stake in Britain’s Office Retail Group for 5.5 billion rand ($382 million), as per media reports. The British retailer’s administration will hold a 11.1 percent stake in Office. Truworths has the alternative to purchase that stake […]