Finance News

Woolworths ZaAAA S&P rating

Woolworths Holdings Limited Completes Acquisition of Absolute Pets

  • Successful Acquisition Completion: Woolworths Holdings Limited (WHL) finalizes acquisition of Absolute Pets, a leading South African pet retailer.
  • Strategic Diversification: WHL aims to diversify revenue streams and tap into the growing pet care market.
  • Financial and Market Impact: Acquisition expected to positively impact WHL’s financial performance and strengthen its competitive position.

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Transformative Project in South Africa: Calgro M3’s Bankenveld District City Development

  • Calgro M3’s Bankenveld District City development is a transformative project near Sandton, focusing on housing, commercial, and infrastructure.
  • The joint venture with Eris Property Group leverages expertise for comprehensive development and potential revenue generation of R18 billion.
  • The project showcases sustainability, addresses challenges, and highlights Calgro M3’s leadership in impactful urban development.

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