Pick n Pay to proceed with R4bn rights offer
The terms of the rights offer will be announced on July 11
10 July 2024 - 08:51
Pick n Pay is to proceed with its R4bn rights offer, after the necessary resolutions were approved by shareholders at the extraordinary general meeting on June 26.
The rights offer is part of the group’s recapitalisation plan to get the business back to profitability...
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