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Deal comes as industry contends with sagging sales and supply chain disruptions
Long-suffering shareholders can rest easier with the prospect of a return to the public market
Analysts predict dozens of nationally-known chains could be headed for insolvency
Retail group collapsed in 2017 after accounting black hole wiped $15bn from value
South African retailer to present restructuring plan next week
South African banks commit €60m of €200m needed to support European operations
US stocks lack direction after post-payrolls record
Retailers turn to big, risky deals
Acquisition-hungry South African retailer offers 115% premium for US bedding group
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