Shoprite welcomes local investors - The Nation Nigeria

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Shoprite welcomes local investors

The firm, in a statement, said it does not make sense for it to leave the country after over $30billion investment.The statement read: “We have only just opened to Nigerian investors which we have also been talking about to just before now. We are not leaving, who leaves over $30billion investment and close shop? It doesn’t sound right.

A report had earlier suggested that the firm might sell “all or a majority stake” of its business in the country, 15 years after it opened shop.

 

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