Mr Price Group Says European Commission Approval Outstanding For NKD Acquisition
· Issued by Mr Price Group Limited
Mr Price Group Ltd JSE:MRP:
JSE: MRP - ACQUISITION OF NKD GROUP GMBH: PROGRESS UPDATE AND CONFIRMATION OF INVESTOR PRESENTATION
MR PRICE GROUP - EUROPEAN COMMISSION APPROVAL OUTSTANDING FOR NKD ACQUISITION
MR PRICE GROUP: REVIEW PERIOD FOR SUBMISSION HAS COMMENCED AND NO UNDUE DELAYS ARE EXPECTED
Earlier from Mr Price
- MRP: Acquisition enables entry into European value retail, boosting scale and long-term growth
- MRP: Solid revenue and profit growth, strong cash position, and disciplined cost control
- MRP: Q1 retail sales up 6.3%, market share gains, and strong July sales support positive outlook
- MRP: Revenue and profit rose, margins improved, and liquidity remains strong with further Studio 88 investment
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