August 16, 2013 / 2:11 PM / 4 years ago

South Africa's Foschini says has offer to acquire RCS unit

JOHANNESBURG, Aug 16 (Reuters) - South African retailer Foschini Group said on Friday it had received an unsolicited offer for its consumer finance unit RCS Group.

Foschini had said in June it was looking to reduce its 55 percent stake in RCS, via a sale of a separate listing. (Reporting by Ed Stoddard; editing by David Dolan)

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