Steinhoff finalises Unitrans sale

for which a share purchase agreement has been signed with black-owned investment group Kapela HoldingsEmbattled retailer Steinhoff has finalised yet another sale of its noncore operations, this time its motor retail business, Unitrans.

The sale of Unitrans, one of SA’s biggest car dealers with a network of 99 branches countrywide, comes just months after Steinhoff sold its stake in industrial holdings group Kap and only a week after announcing that its Australasian unit, Greenlit, will sell its merchandise division.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Critical water infrastructure under threat as department plays ‘Russian roulette’ with the nationCritical water infrastructure such as dams, tunnels, canals and water pumps are under threat as the department of water and sanitation is embroiled in a legal battle over a maintenance contract that expired two years ago Now this is an article, not the other clickbaits you’ve been publishing lately. Thank you The ANC finds it's self in a very flimsy, open ended paper bag when it comes to maintenance (a foreign word to most) AND HAS NO IDEA WHAT TO DO NEXT !!! Incompetence.
Source: City_Press - 🏆 7. / 72 Read more »

Fergie and Josh Duhamel finalise their divorce two years after separatingFergie and Josh Duhamel are officially divorced.
Source: Channel24 - 🏆 48. / 51 Read more »

Land sale battle: Social activists, govt square off in court over R135m Sea Point saleThe City of Cape Town, the government, and the potential owners of prime land in Sea Point are facing off against a group of activists who are demanding social housing and the reversal of apartheid spatial planning.
Source: News24 - 🏆 4. / 80 Read more »

Here we go again... These weapons are used to kill innocent civilians. PresidencyZA CyrilRamaphosa DOD_SANDF block them. You have my full support. Some of us are not working as usual because our job is not going outside. I wonder whats gonna happen next year if the situation continues like this.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Justice ministry misses ConCourt deadline over polygamous marriage lawThe court on Tuesday dismissed an application by justice minister Ronald Lamola for a year-long extension to finalise the law.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Who is selling the Land? Did he pay anything to acquire the same land?
Source: TheCitizen_News - 🏆 6. / 75 Read more »