Spar South Africa To Take 80% Stake In BWG Group
date:Aug 12, 2014
s borrowings following a buyback of exiting banks debts. This further reduction in debt comes on top of that achieved as part of a successful refinancing concluded in November 2013, which also saw BWG agree new five year banking facilities.

These facilities have been reaffirmed by BWGs lenders as part of this transaction with Bank of Ireland and AIB increasing their commitment.

The new partnership will have up to 100 million to invest in the expansion of BWGs leading wholesale and convenience
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