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Actis Buys Stake in South Africa’s Coricraft Group

 In news

Co. acquires “significant” minority stakein South African home-furnishings retailer, co. says in e-mailed  statement.

* Co. invests alongside majority shareholders Westbrooke and Coricraft Group management;
* Financial terms not disclosed; acquisition subject to competition authorities’ approval. Source: Bloomberg

 

 

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