Pepkor shareholder raises $1.5 billion selling its entire stake

Ibex Investment Holdings Ltd., formerly known as Steinhoff International, raised 26.6 billion rand ($1.5 billion) by selling its entire stake in clothing retailer Pepkor.
Ibex Investment Holdings Ltd., formerly known as Steinhoff International, raised 26.6 billion rand ($1.5 billion) by selling its entire stake in clothing retailer Pepkor.