Pepkor Holdings, a clothing retailer in South Africa, has purchased several fashion brands from Retailability in a deal worth around R1.7bn ($97.22m). As part of the agreement, Pepkor has taken ownership of the Legit, Swagga, Style and Boardmans brands, adding 469 outlets to its operations. The acquisition increases Pepkor’s total store network to more than 1,000 locations. Having obtained all regulatory approvals, the transaction became effective on 2 November 2025. Pepkor said that the Legit, Swagga ...

US-based private equity company Advent is in advanced discussions to purchase Brazilian supermarket chain Sonda, Valor international reported, citing sources. The deal, expected to be valued at up to 3.5bn reais ($653.50m), depending on Sonda's estimated gross revenue of 6.5bn reais in 2025. If materialised, it could become one of the biggest deals in Brazil’s food retail sector in recent years. Negotiations between Advent and Sonda have been underway for several months, with key issues yet to be resolv ...