ahlam1399
09-20-2016, 07:48 PM
UPDATE 2-Bain in $1.5 bln South African Edcon debt for equity deal
JOHANNESBURG, Sept 20 (Reuters) - Private equity firm BainCapital has agreed a debt for equity swap deal valued at $1.5billion for Edcon, the chief executive of the South Africanclothes retailer said on Tuesday.
JOHANNESBURG, Sept 20 (Reuters) - Private equity firm BainCapital has agreed a debt for equity swap deal valued at $1.5billion for Edcon, the chief executive of the South Africanclothes retailer said on Tuesday.