Pepkor to sell The Building Company
Pepkor is selling The Building Company to members of the firm’s management and private equity group the Capitalworks for R1.2bn.
29 February 2024 - 08:37
UPDATED 29 February 2024 - 10:29
Pepkor is selling The Building Company to members of the firm’s management and private equity group the Capitalworks for R1.2bn.
This comes after the Competition Commission blocked the sale to SA’s largest building retailer, Cashbuild, in 2021 due to concern it would create a dominant hardware firm, with a monopoly in certain towns...
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