TFG shares jump after Coricraft deal sealed
Group sales rose 16.3% in the quarter from April to June, with the SA performance up 11.2%
28 July 2022 - 20:33
Retailer TFG’s share price closed 4.32% higher after it announced the finalisation of the purchase of Coricraft and Volpes and their factories.
Shares of the company, which owns multiple retail brands including Jet, @home, American Swiss, Foschini and Fabiani, rose as much as 6.3% in intraday trade, eventually settling at RI23.29. ..
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