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South Africa’s Pick n Pay raises $282 million from Boxer stake sale to fuel turnaround

South Africa’s Pick n Pay has raised $282 million by selling part of its Boxer Retail stake as the retailer pushes ahead with plans to revive its struggling supermarket business

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africa.businessinsider.com

iol.co.za

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africa.businessinsider.comStai leggendo1 mesi fa

South Africa’s Pick n Pay raises $282 million from Boxer stake sale to fuel turnaround

South Africa’s Pick n Pay has raised $282 million by selling part of its Boxer Retail stake as the retailer pushes ahead with plans to revive its struggling supermarket business

originale

businessday.co.za1 mesi fa

Pick n Pay turns to Boxer again to fund intensifying turnaround

Grocer raises R4.7bn after selling a 12.5% stake in Boxer via an accelerated bookbuild

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Timeline cronologica

martedì 19 maggio 2026·businessday.co.za
STOCK HIGHLIGHT | Boxer’s market cap heads to R40bn
The retailer’s shares surge after strong annual turnover growth
martedì 19 maggio 2026·businessday.co.za
Pick n Pay sells stake in Boxer to bankroll turnaround
Pick n Pay sells about 57.3-million Boxer shares, about 12.5% of the business

South Africa’s Pick n Pay raises $282 million from Boxer stake sale to fuel turnaround

Confronto fonti

South Africa’s Pick n Pay raises $282 million from Boxer stake sale to fuel turnaround

Pick n Pay turns to Boxer again to fund intensifying turnaround

Timeline cronologica

STOCK HIGHLIGHT | Boxer’s market cap heads to R40bn

Pick n Pay sells stake in Boxer to bankroll turnaround

Boxer Retail's share price drops after R4.7bn capital raise by Pick n Pay

South Africa’s Pick n Pay raises $282 million from Boxer stake sale to fuel turnaround

Boxer Retail's share price drops after R4.7bn capital raise by Pick n Pay

WATCH | Pick n Pay sells Boxer stake to fund turnaround

Pick n Pay turns to Boxer again to fund intensifying turnaround

Pick n Pay losses set to narrow as outlook improves