BREAKING: Shoprite Don Conclude Plan To Leave Naija

Popular South African Company, Shoprite Holdings Limited wan commot Naija.
Tori from Punch, don yarn say the company say dem go auction off the outlets wey dey for Naija.
The megastore company wey dey for  all states in Nigeria make this decision on the coronavirus pandemic wey don disrupt major businesses globally.
This tori dey for inside the company’s “Operational and Voluntary Trading Update (52 Weeks Ended 28 June 2020)”  wey dem release on Monday.
Make Una  read part of the update,
“Following approaches from various potential investors, and in line with our re-evaluation of the Group’s operating model in Nigeria, the Board has decided to initiate a formal process to consider the potential sale of all, or a majority stake, in Retail Supermarkets Nigeria Limited, a subsidiary of Shoprite International Limited.
 
“As such, Retail Supermarkets Nigeria Limited may be classified as a discontinued operation when Shoprite reports its results for the year. Any further updates will be provided to the market at the appropriate time.”

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