UPDATE 1-Banks, bondholders take control of South Africa?s Edcon

[ahlam1399]

UPDATE 1-Banks, bondholders take control of South Africa?s Edcon

UPDATE 1-Banks, bondholders take control of South Africa?s Edcon
JOHANNESBURG, Sept 20 (Reuters) - Banks and bondholders havetaken control of struggling South African clothes retailer Edcon, its chief executive said on Tuesday.

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