South African retailer Mr Price to acquire German fashion chain NKD

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Video Summary

The planned deal would see Mr Price acquire German value fashion retailer NKD for up to $568 million. While the South African retailer says Europe offers long-term growth through NKD’s more than 2,000 stores, investors have raised concerns about the timing, valuation and risks of expanding into a weak German economy.. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY. Facebook: https://www.facebook.com/cgtnafrica/.

Video Details

Source: Global Business

Publication Date: 2025-12-19T12:37:24Z

Original Link: Watch the video on YouTube

Full Description

The planned deal would see Mr Price acquire German value fashion retailer NKD for up to $568 million. While the South African retailer says Europe offers long-term growth through NKD’s more than 2,000 stores, investors have raised concerns about the timing, valuation and risks of expanding into a weak German economy.

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