South Africa's Mr Price makes European debut through German value retailer deal South African fashion retailer Mr Price (MRPJ.J) has agreed to buy NKD Group, a German-based discount retailer, for up ...

JOHANNESBURG, Dec 10 (Reuters) - South African fashion retailer Mr Price (MRPJ.J) has agreed to buy NKD Group, a German-based discount retailer, for up to 487 million euros ($568 million), marking its ...

NKD has approximately 2,200 stores TDR has owned NKD for the last seven years Mr Price Group is a South African fashion-value retailer TDR Capital has agreed to sell NKD Group to Mr Price Group, one ...

Deal to boost Mr Price’s revenue and store count significantly Acquisition will be funded through cash and debt Shares drop as investors question price and strategic shift A shopper pushes a trolley ...

Mr Price shares were down 12.3% at 1212 GMT as investors questioned the price and weighed the major strategic shift. Mr Price said NKD, a clothing and homeware retailer with 2,108 stores in seven ...