News Leader
WATCH: Why Edcon is still battling to survive
Edcon CEO Grant Pattison talks to Business Day TV about the state of the company
05 February 2020 - 10:03
Edcon is still struggling, despite securing a R2.7bn capitalisation plan in March 2019 in which lenders, including the Public Investment Corporation (PIC), freed it of all interest-bearing debt in exchange for shareholdings.
The owner of Jet and Edgars is under pressure and has been forced to close stores. ..
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