South African retail company Pepkor is currently facing resistance regarding a proposed $1.3 billion deal to merge its fintech business with a competitor. According to reports, the transaction has drawn complaints from both company directors and investors, signaling internal friction over the strategic move.
Source: Finextra
Original article: https://www.finextra.com/newsarticle/48569/pepkors-13bn-fintech-deal-comes-under-shareholder-scrutiny?utm_medium=rssfinextra&utm_source=finextrafeed
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