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Shoprite, linked to South African billionaire Christo Wiese, to sell furniture unit to Pepkor for $179 million

The sale includes the OK Furniture and House & Home brands, as well as Shoprite's credit loan book, insurance arrangements, inventory, and certain fixed assets.

Shoprite, linked to South African billionaire Christo Wiese, to sell furniture unit to Pepkor for $179 million
South African billionaire businessman Christo Wiese

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