Tue Apr 12 09:47:00 UTC 2005
Shoprite Checkers announced today, Tuesday, 12 April 2005, that it has concluded an agreement to purchase a chain of 13 retail supermarkets known as Foodworld and 4 small wholesale outlets doing business as Saveworld which operate within the Western Cape.
The proposed acquisition of the businesses will have a minimal effect on the Group’s national market share and is subject to the approval by the Competition Commission of South Africa.