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Surprise deal for full control of Tapestry Home Brands will see the JSE-listed group increasing its share of the furniture, bedding and home décor retail market.
The Foschini Group (TFG) says it has entered into an agreement to acquire the entire issued share capital of Tapestry Home Brands for R2.35 billion.
<p>The Foschini Group (TFG) has entered an agreement to buy Coricraft and Dial-a-Bed owner Tapestry Home Brands for R2.35 billion.</p>
The Foschini Group (TFG) has entered an agreement to buy Coricraft and Dial-a-Bed owner Tapestry Home Brands for R2.35 billion.
The Money Show’s Bruce Whitfield interviews TFG CEO Anthony Thünstrom.