ABUJA, April 14 (Reuters) - Nigerian property group
Persianas is buying Shoprite's SHPJ.J Nigerian business after
the South African retailer decided to retreat from other African
markets, three banking sources told Reuters on Wednesday.
Shoprite, with more than 2,300 stores across Africa, is
awaiting regulatory approval on the sale of its Nigerian
supermarket operation, though no further details about the deal
have been disclosed.