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Pepkor to offload building retail chain for R1.2bn

The group intends to use the net disposal proceeds to reduce its debt.

France , French , Leroy-merlin , Building-company-tbco , Jd-group , Spar-group-buildit , Pepkor-holdings , Building-company , Capitalworks-private-equity , Timber-city , Massmart-owned-builders-warehouse , Spar-group