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Edcon snaps up struggling Discom for R369m
June 5, 2007, 6:56 am
Filed under: Local Company News

Edgars Consolidated Stores (Edcon), which delisted from the JSE last month following its buyout by US private equity group Bain Capital, has snapped up New Clicks Holdings’ struggling Discom unit for R369 million.

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Private Equity
June 5, 2007, 6:52 am
Filed under: Local News

Despite Heineken’s reassurances, it is a little difficult to see the long-term strategic thinking behind its decision to unilaterally terminate SAB’s contract to produce and distribute Amstel.

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Retailers trip over new credit regulation act
June 5, 2007, 6:47 am
Filed under: Local News

Applications for loans at South Africa’s major banks moved slowly on Friday as the National Credit Act (NCA) came into effect, but it was business as usual for furniture retailers.

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