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Edcon recapitalised for R2,7 billion

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Business day's retail writer Larry Claasen described Edcon as too big to fail and indeed, it's not often you see lenders, unions, the public investment corporation and landlords coming together to support a retailer, which in this case they've done with a 2.7 billion rand recapitalisation. So what now? Joining Business Day TV in studio is Edcon CEO Grant Pattison.
4 Mar 2019 1AM English South Africa Business · Business News

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