Stockreport

Shoprite agrees to sell furniture business to Pepkor [Yahoo! Finance]

SHOPRITE HLDGS LTD S/ADR  (SRGHY) 
NASDAQ:AMEX Investor Relations: shopriteholdings.co.za/investor-centre.html
PDF The transaction, which will be settled in cash, represents approximately 4% of Pepkor's market capitalisation - around R3.2bn ($179m), according to reports via Reuters. [Read more]