(Reuters) - South African furniture and appliance retailer Ellerine Holdings said on Wednesday a major shareholder plans to offer for sale its entire 20.2 percent stake in the company.
Poco International Holdings, through its unit Eurotin S.A., will offer its 25.2 million shares through a private placement, a statement said. A bookbuilding exercise has been launched and is due to close by May 25, it added.
Read more at Reuters Africa
Poco International Holdings, through its unit Eurotin S.A., will offer its 25.2 million shares through a private placement, a statement said. A bookbuilding exercise has been launched and is due to close by May 25, it added.
Read more at Reuters Africa
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