Pick 'n Pay’s Boxer subsidiary prepares for historic JSE listing
Discount grocery chain Boxer to launch IPO on Johannesburg Stock Exchange, aiming to raise substantial capital for expansion.
Discount grocery chain Boxer to launch IPO on Johannesburg Stock Exchange, aiming to raise substantial capital for expansion.
Wendy Ackerman, co-founder of Pick 'n Pay, has been honored as a 2024 Hall of Femme inductee by IWFSA, recognizing her outstanding contributions to business and societal development in South Africa.
The IPO could raise up to R8 billion ($451.2 million), potentially the biggest public offering in Africa in 2024.
This follows a previous loss of $36.22 million between July 16 and Aug. 20, when the family’s holding fell from $199.3 million to $163.07 million.