Retailers In brief South Africa

Capital Group Companies acquires 11.6% of Shoprite

Retailer Shoprite Holdings on Tuesday said it had been notified by The Capital Group Companies, Inc. (CGC) that it had acquired a beneficial interest in the company's securities. The total beneficial interest of Shoprite Holdings securities held by CGC is now 11.59% of the total issued Shoprite Holdings securities. Source: I-Net Bridge

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