Mr Price Slumps Amid Concern Over Value of NKD Retail Purchase

Mr Price Group Ltd. slumped the most on record amid market concerns that the South African clothing chain is overpaying for the retail business of NKD Group to expand in...

By Janice Kew, Khuleko Siwele · Bloomberg Markets

Mr Price Group Ltd. slumped the most on record amid market concerns that the South African clothing chain is overpaying for the retail business of NKD Group to expand in central and eastern Europe.