Nigerian firm completes acquisition of Shoprite

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Ketron Investment Limited, a Nigerian company owned by a group of local investors led by property firm Persianas Investment Ltd, has completed the acquisition of Shoprite Holdings Limited. With the acquisition, Shoprite, Africa’s largest food retailer, has completed exiting the Nigerians market 16 years after it opened its first outlet. Ketron in a statement said […]

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Source: Guardian Newspaper