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Edcon’s capital restructuring finalised

02 February 2017

Johannesburg, 2 February 2017: Following previous announcements that Edcon’s creditors would acquire a majority shareholding in the Group in exchange for a significant reduction of Edcon’s debt, the board of Edcon is pleased to announce the finalisation of the compromise sanction process, the restructuring of the Group’s debt, and changes to the organisation structure, with effect from 1 February 2017.

Download: restructuring_finalised.pdf


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