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Search Tag: NKD Group

Mr Price going ahead with NKD deal despite investor resistance
Durban, KZN, SA – Mr Price Group on Friday said it “continues to make progress regarding the fulfilment of the conditions contained in the binding transaction agreement signed on 9 December 2025 regarding the acquisition by the Group of the retail business of NKD Group GmbH”.“The key outstanding condition is approv ...more
Mr Price defends purchase of European retail chain
Durban, KZN, SA – Mr Price Group last week defended its decision to buy European retailer NKD Group following criticism by a major shareholder and a fall in share price. On 11 December, 360NE Asset Management wrote: “South African retailers have failed countless times overseas and given the financial history of this acqui ...more

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