Improvement driven by stronger-than-expected performance from Boxer

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

Boxer Retail's share price has seen a significant decline following Pick n Pay's successful R4.7 billion capital raise through an accelerated bookbuild. This article explores the…

Business Day TV spoke with Stephen Erasmus from Anchor Capital

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

Improvement driven by stronger-than-expected performance from Boxer

The retail group’s upbeat earnings outlook surprises market