Legit.ng earlier reported that South African retail giant Massmart has sold its Games Discount World stores in Nigeria. The assets were sold to the controlling shareholder of PricePointe Wholesale Club, an organisation that operates a wholesale store in Lagos.
The value of the deal is unknown, but Massmart will make it the second exit by a South African company in less than two years, following the sale of Shoprite's Nigerian subsidiary.
Source: Legit.ng
