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 ...

Group 1 - Advent is in advanced discussions to acquire Brazilian supermarket chain Sonda, with a deal potentially valued at up to 3.5 billion reais ($653.50 million) based on Sonda's estimated gross revenue of 6.5 billion reais in 2025 [1] - Negotiations have been ongoing for several months, with unresolved key issues from primary shareholder Delcir Sonda, who has been considering a sale due to succession issues since about two years ago [2] - The likelihood of a sale has increased following the death of Idi Sonda in 2022, and Delcir Sonda, at 77, is contemplating the company's future despite publicly denying being on the market [3] Group 2 - Grupo Pereira, which owns Fort Atacadista and Comper chains, had shown interest in acquiring Sonda but has been surpassed by Advent in the negotiations [4] - Advent is exploring the creation of a food retail investment division, aiming for a larger investment scale than Pátria's Plurix holding, which manages 10 billion reais in supermarket sales and an additional 6 billion reais in cash-and-carry sales [4] - Advent has been actively seeking opportunities in the Brazilian grocery market, including partnerships with regional grocers like Angeloni, and has a strong presence in the sector, evidenced by its previous successful transactions [5]