South Africa’s ‘Pick n Pay’ to exit Nigeria after selling 51% stake in its joint venture

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South African grocery retailer Pick n Pay is set to exit the Nigerian market by selling its 51% stake in a joint venture, as part of a broader restructuring strategy outside its home market, CEO Sean Summers announced on Monday as reported by Reuters.

The post South Africa’s ‘Pick n Pay’ to exit Nigeria after selling 51% stake in its joint venture appeared first on Nairametrics.

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