INTERNATIONAL
Harveys parent pays £124m* for 20% of investment group
Published 20.12.2011 06:00 | Last Updated 20.12.2011 06:00
Steinhoff International, the multinational group behind British retailers Harveys, Bensons for Beds and Reid, is to spend R1.62bn, about £124m, for a 20 per cent stake in one of South Africa's most important investment companies.