Ketron Investment Limited, a Nigerian company owned by a group of institutional investors led by Persianas Investment Limited, a property firm, has announced the acquisition of Shoprite Nigeria.
The company disclosed that the divestment by Shoprite International was in line with its strategy to change from an ownership model to a franchise model.
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Nigerian firm completes acquisition of Shoprite | The Guardian Nigeria News - Nigeria and World NewsKetron Investment Limited, a Nigerian company owned by a group of local investors led by property firm Persianas Investment Ltd, has completed the acquisition of Shoprite Holdings Limited. With the acquisition, Shoprite, Africa’s largest food retailer, has completed exiting the Nigerians market 16 years after it opened its first outlet. Ketron in a statement said […] Kudos to Buhari and the cabals. What they can not destroy does not exist. Failure of leadership in Nigeria is the cause Bye bye we don't need you guys around
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