Pick n Pay says Boxer shares will be offered for R42-R54

The IPO marks the second phase of Pick n Pay’s two-step recapitalisation strategy

Pick n Pay has released details of the long-awaited initial public offering (IPO) of Boxer shares, with the price range for the offer of up to 40.3% of the grocer expected to be in a range of R42 to R54 per share...

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