South Africa’s Shoprite buys back Basson’s shares in $136 mln send-off
South Africa in the news: South Africa’s Shoprite buys back Basson’s shares in 6 mln send-off: JOHANNESBURG, Sept 5 (Reuters) – South African retailer Shoprite’s shareholders approved a buyback of former chief executive Whitey Basson’s shares for 1.75 billion rand ($ 136 million), the company said on Tuesday. The deal, one of the biggest executive …