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Steinhoff considers IPO of Pepkor Europe

Steinhoff considers IPO of Pepkor Europe

07/08/2019 - 08:23
Steinhoff International Holdings is considering an initial public offering of Pepkor Europe, its fastest-growing unit, as the scandal-hit retailer seeks funds for the next phase of its recovery plan, people familiar with the matter said. read more
Pepkor says market-share gains boosted half-year earnings

Pepkor says market-share gains boosted half-year earnings

29/05/2019 - 09:34
Pepkor, which owns the Pep and Ackermans brands, says sales and earnings rose in the six months to end-March thanks partly to market-share gains in clothing and merchandise. read more
Pepkor says half-year earnings rose up to 54.1%

Pepkor says half-year earnings rose up to 54.1%

14/05/2019 - 08:48
Pepkor, previously Steinhoff Africa Retail, said that its half-year earnings rose by up to 54.1%. read more
Pepkor difficult to price in shadow of Steinhoff

Pepkor difficult to price in shadow of Steinhoff

29/01/2019 - 09:09
General goods retailer Pepkor, formerly known as Steinhoff Africa Retail, released solid numbers for the three months ended December despite challenging trading conditions.  read more
Pepkor takes action against Tekkie Town founders

Pepkor takes action against Tekkie Town founders

12/09/2018 - 11:16
Steinhoff's Africa retail business Pepkor has filed a court order against former executives at shoe retailer Tekkie Town to prevent them from setting up a rival operation, the latest development in a bitter dispute. read more
Tekkie Town founders to launch new chain store Mr. Tekkie

Tekkie Town founders to launch new chain store Mr. Tekkie

14/08/2018 - 10:11
The founders of shoe retailer Tekkie Town will be launching a new retail chain supplier of branded sports apparel and footwear. read more
Pepkor name is back as Star distances itself from Steinhoff

Pepkor name is back as Star distances itself from Steinhoff

30/05/2018 - 14:24
Steinhoff Africa Retail (Star) is planning to distance itself from its scandal-ridden parent by changing its name back to the original Pepkor. read more
Nod for Steinhoff Africa assets spin-off

Nod for Steinhoff Africa assets spin-off

19/05/2017 - 09:35
There is a chance to unlock value for shareholders ‘assuming new ListCo will be priced at valuations similar to Southern Africa peer group’ read more
Steinhoff in bid war for control of UK group

Steinhoff in bid war for control of UK group

22/02/2016 - 11:14
Johannesburg - Steinhoff International Holdings [JSE:SHF] made a £1.4bn counter bid for Britain’s Home Retail Group, taking on J. Sainsbury for control of the Argos stores owner. read more
South Africa’s 5 biggest retailers vs. the world

South Africa’s 5 biggest retailers vs. the world

28/01/2016 - 15:02
A new report from Deloitte ranks the world’s 250 biggest retail groups, with five South African retailers making the grade. read more
Double honours for billionaire Christo Wiese

Double honours for billionaire Christo Wiese

29/10/2015 - 10:20
Cape Town - Billionaire businessperson Dr Christo Wiese has been honoured as the Sunday Times Business Leader of the Year, but also received the Sunday Times Lifetime Achievement Awards at the annual Sunday Times Top 100 Companies Awards, which took place at a banquet in Sandton on Tuesday evening.  read more
Steinhoff shows steady growth in a difficult European market

Steinhoff shows steady growth in a difficult European market

04/03/2015 - 10:24
Steinhoff International’s first-half profit rose 7 percent as market share increased, the furniture chain, which last year agreed to buy Pepkor for $5.3 billion (R62bn), said yesterday.  read more
Steinhoff has green light for Pepkor deal

Steinhoff has green light for Pepkor deal

28/01/2015 - 09:50
Cape Town - Integrated retailer Steinhoff International announced on Monday that its shareholders have approved the company's acquisition of 92.34% of Pepkor. read more
Steinhoff to buy Pepkor for R63bn

Steinhoff to buy Pepkor for R63bn

25/11/2014 - 10:59
Johannesburg - Steinhoff International agreed to buy Africa’s largest retailer Pepkor for 62.8 billion rand to expand the company’s presence in Africa.  read more
Premier Foods seeks more acquisitions in Southern Africa

Premier Foods seeks more acquisitions in Southern Africa

24/10/2014 - 11:49
Investment company Brait said on Wednesday its subsidiary, Premier Foods, was looking to make more acquisitions in Southern Africa to build more scale. read more
Pepkor buys New Zealand clothing chain

Pepkor buys New Zealand clothing chain

22/07/2014 - 13:54
Pepkor, the retail group 44% owned by its chairperson, Christo Wiese, last week acquired New Zealand clothing chain Postie Plus Group from its administrators, PwC, for an undisclosed amount. read more
Pepkor UK seen as step towards retail acquisition

Pepkor UK seen as step towards retail acquisition

17/06/2014 - 13:40
Christo Wiese has set up a shell company in the UK, triggering speculation that the retail tycoon is inching closer to an acquisition in the country’s clothing market. read more
Wiese shrugs off his thwarted Shoprite bid

Wiese shrugs off his thwarted Shoprite bid

27/05/2014 - 09:41
Seven years after Christo Wiese, SA’s richest man, failed in a R15-billion bid to buy out small shareholders and delist Shoprite from the JSE, he says he has “no regrets” over the doomed bid. read more