After merger fail Steinhoff eyes controlling stake in Shoprite

PUBLISHED: Mon, 14 Aug 2017 10:43:37 GMT

Following a failed merger in February this year, Steinhoff is making another play for a controlling stake in supermarket operator Shoprite in a share deal worth R35.5 billion. Joining CNBC Africa to give analysis is Retail Analyst, Syd Vianello.

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