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Spar acquires majority stake in Spar Switzerland

14 Mar 2016

Spar South Africa has acquired a 60% stake in Spar Switzerland for R690 million.

Graham O'Connor, CEO of Spar, speaks to Stephen Gunnion at Business Day about the R690-million acquisition of Spar in Switzerland and how it fits into the group’s global strategy.

Spar acquires majority stake in Spar Switzerland

Watch the video.

For more:

IGD Retail Analysis - AFRICA: RESULTS, SPAR (SA) ACQUISITION
SHARENET - The Spar Group Limited - Acquisition Of 60% Of The Ordinary Shares In Spar Holding Ag And Withdrawal Of Cautionary Announcement