Pepkor Holdings Ltd To Discuss the Acquisition of A Controlling Interest In Grupo Avenida S.A., A Brazilian Value Retail Group Call Transcript

Feb 03, 2022 / 09:00AM GMT
Sean Holmes - Morgan Stanley, Research Division - SA Retail Analyst

Well, good morning, everyone, and welcome to the meeting and special word of thanks to the people, Management team who's kindly set aside some time so you can question them, deal with some of the questions that you may have about the transaction that was announced this morning. Just in terms of housekeeping, I'm going to hand over to Leon and he will give a short introduction. After that, I'll start the conversation beginning with a handful of questions. And then after that, we can going to open the conversations. (Operator Instructions) So, Leon, over to you.

Leon Marius Lourens - Pepkor Holdings Limited - CEO & Director

Well, thank you, Sean, and thank you to everyone that's joined for showing your interest. Welcome to the call. And what is obviously quite an exciting day for us, sort of a milestone. As you would have seen from the SENS that we sent out this morning, this transaction has been coming for quite a while now. And we are very excited that we've eventually got to this point.

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