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Foschini in advanced discussion regarding potential acquisition

The Foschini Group (TFG) on Wednesday, 14 January 2015, said it is in advanced discussions regarding a potential acquisition which‚ if concluded‚ may have an effect on its share price. At 4.11pm‚ the stock was up 1.12% to R146.63 - having rallied more than 5% prior to the release of the cautionary statement. Source: The Times via I-Net Bridge


