Edcon Ceo Grant Pattison on approval of recapitalisation plan

771 views · Published 21 December 2018 · 5:45 · Indexed 21 October 2026

Channel: SABC News · 2018 · News & Politics

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The Edcon board has approved the proposed restructuring and recapitalisation plan.
Edcon Ceo Grant Pattison says in response lenders have extended waivers to allow time for implementation.
The retail giant which owns Edgars, Jet and CNA has been under financial strain for some time now.
For more on this I'm joined via Skype by Edcon CEO Grant Pattison.


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