Why the Sudden Huge Interest in Retail by Private Equity?
May 4, 2007, 8:16 am
Filed under: Trends
Filed under: Trends
04 May 2007
By David Abrahamse
In the short term there are obvious reasons for retailers to sell out to private equity and then be delisted, they get access to capital they didn’t have before and can therefore grow aggressively. They have more flexibility and less shareholders to answer to, so in theory if managed properly private equity should be good for the industry?
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M&R to move into Edcon’s slot in Top40 index
May 4, 2007, 8:13 am
Filed under: Local News
Filed under: Local News
03 may 2007
Tonny Mafu
Johannesburg – Leading construction and engineering group Murray & Roberts (M&R) would join the JSE’s Top40 index in place of Edgars Consolidated Stores (Edcon), which would be delisted, the JSE said yesterday.
Alliance in the money before KKR deal
May 4, 2007, 6:38 am
Filed under: International Company News
Filed under: International Company News
Alliance Boots’ profit increased by 11.2 percent last year, the British pharmacy giant said yesterday.
