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PIC reduces stake in Pick n Pay Stores
PIC reduces stake in Pick n Pay Stores

PIC reduces stake in Pick n Pay Stores

FMCG SUPPLIER NEWS - Mar 31st 2014, 09:05

Johannesburg - Pick n Pay Stores advised shareholders on Monday that the Public Investment Corporation (PIC) has disposed of shares in the company. 

Its total beneficial interest has been reduced by 1.506%, with its shareholding now amounting to 9.702% of the total number of shares in issue.

Formal notification has been received from the PIC and Pick n Pay Stores has filed the required notice with the Takeover Regulation Panel.From  

Read more about: south africa | retail chain | pick n pay

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