for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Financials

South African retailer Edcon to sell 167 CNA stores

JOHANNESBURG, Feb 4 (Reuters) - South Africa’s Edcon, the country’s largest non-food retailer, said on Tuesday it will sell stationary retailer CNA to a consortium majority owned by Astoria Investments.

The sale, which is subject to regulatory approvals, entails the sale of 167 CNA stores and includes all brands and trademarks, Edcon said in a statement. (Reporting by Nqobile Dludla; editing by Jason Neely)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up