SA News • Jun. 6, 2012
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Jun. 6, 2012, 8:52 AMBarclays' (BCS) South African unit, Absa (AGRPY.PK), agrees to acquire a private-label store card portfolio of clothing and footwear retailer Edcon for 10B rand ($1.2B). While the deal is for Edcon's South African ops, Absa also intends to buy the retailer's assets in neighboring countries. | Comment!
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Absa Group Limited (Absa or the Group), listed on the JSE Limited is one of South Africa's largest financial services groups. Absa is a subsidiary of Barclays Bank PLC (Barclays), which owns 55,5%. We offer a complete range of retail, business, corporate and investment banking, insurance and... More
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