BRIEF-African Bank, Edcon in talks to form strategic partnership

April 25 Fri Apr 25, 2014 6:09am EDT

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April 25 (Reuters) - African Bank Investments Ltd :

* African Bank and Edcon in negotiations to form a strategic relationship

* Has signed a term sheet with Edcon limited which will form basis for negotiations to establish African Bank as a secondary credit provider

* Credit to Edcon customers would be granted subject to African Bank's credit criteria. Source text for Eikon: Further company coverage:

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