The Ackerman family holds a 25.53-percent stake in Pick n Pay, equivalent to 124,677,238 shares.
Pick N Pay
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The Ackerman family, led by Gareth Ackerman, currently holds a combined 25.53 percent stake (124,677,238 shares).
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Pick ‘n Pay’s discount chain, Boxer, was a bright spot, delivering robust sales growth of 16.1 percent despite a challenging economic environment.
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This surge solidifies the Ackerman family’s position as one of the wealthiest investors on the JSE.
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South Africa’s Ackerman family loses nearly $50 million as Pick ‘n Pay shares plunge 26%
The recent decline in Pick ‘n Pay shares has led to a reduction in the market value of the Ackerman family’s stake …
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Led by South African Ackerman family, Pick ‘n Pay plans $210-million rights issue, listing of Boxer
Pick ‘n Pay announces plans for a rights issue to raise up to R4 billion ($210 million) and the listing of its …
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The Ackerman family, known for their wealth and diverse investments, currently holds a significant 25.53-percent stake in Pick ‘n Pay, equivalent to …
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The Ackerman family, known for their wealth and diverse investments, holds a significant 25.53-percent stake in Pick ‘n Pay, or 124,677,238 shares.
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During his tenure, Pick ‘n Pay achieved remarkable milestones, with gross profit rising from R18.40 billion ($1 billion) in 2022 to R20.94 …
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Beyond leading one of Africa’s retail giants, Ackerman’s investments make him one of South Africa’s wealthiest business leaders.