CDH acted as counsel to Retailability on the conclusion of a transaction with Pepkor for the sale of its Legit, Style, Swagga and Boardmans businesses in South Africa, Botswana, Lesotho, Namibia and eSwatini.
Our Corporate & Commercial, and Competition Law practice areas acted for Retailability in the recent conclusion of a transaction whereby it will sell its Legit, Style, Swagga and Boardmans businesses in South Africa, Botswana, Lesotho, Namibia and eSwatini to various subsidiaries of Pepkor Holdings. The transaction is now in its implementation phase as various regulatory and third-party approvals are obtained before the businesses are sold.
The Deal team included: Willem Jacobs, Andrew Giliam, Albert Aukema, Patrick Kauta, Reece May, and Ntobeko Rapuleng