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Home » OK Zimbabwe mulls restructuring

OK Zimbabwe mulls restructuring

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OK ZIMBABWE (OK) says it plans to acquire a complementary business as part of its mooted reorganisation.

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The retail giant also recently announced plans to wean off some of its business units into separate entities.
“The company is engaged in negotiations for a potential transaction involving the acquisition of a complementary business which , if successfully concluded, may have a material effect on the price of the company’s securities, the full impact of which is currently being determined,” OK said in a statement last week.

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