Coricraft: Actis Buys Stake in South Africa's Coricraft Group
Co. acquires "significant" minority stakein South African home-furnishings retailer, co. says in e-mailed statement. * Co. invests alongside majority shareholders Westbrooke and Coricraft Group management; * Financial terms not disclosed; acquisition subject to competition authorities' approval. Source: Bloomberg
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Coricraft is a manufacturer and supplier of couches, dining, living and bedroom furniture in South Africa.
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