Any would-be buyer interested in Edcon would consider the Jet brand the prize asset because of its low price-point entry and could seek to acquire it separately from Edgars.

The problem, though, is disentangling Jet from the less attractive Edgars, which independent analyst Chris Gilmour says would be "nearly impossible" because their systems are so "inextricably linked"...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now