South African retailer Spar Group is considering an offer to acquire cash-strapped West Pack Lifestyle, according to people with knowledge of the matter.
“While we are always reviewing or exploring ways to increase our offerings and expand our business, discussions such as this would be confidential until finalized, and Spar is not in discussions with West Pack Lifestyle currently,” Spar said in a response to questions. Other parties who have made the bids include private equity firms, and some rivals to Spar, the people said.
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