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Shoprite Finally Leaves Nigeria, Sells Business To Ketron Investment

Africa’s biggest grocery retailer and South Africa-owned chain of stores, Shoprite, has finally left Nigeria–Africa’s most populous nation and biggest market–after 16 years. This is as Ketron Investment Limited–a subsidiary of Persianas Investment Limited–has completed the acquisition of Shoprite operations in Nigeria, after winning a bidding war involving three other …

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