Multinational exodus continues as Pick n Pay departs Nigeria

South African grocery retailer, Pick n Pay, on Monday, announced its exit from Nigeria, selling its 51% stake in a joint venture with A.G. Leventis, Nigeria. This move is part of the company’s broader restructuring efforts outside its home market. Pick n Pay entered the Nigerian market less than five years ago, establishing two stores. [...]The post Multinational exodus continues as Pick n Pay departs Nigeria appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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