Major South African retailer goes public

Holdsport, a company formerly known as Moresport that runs 33 Sportmans Warehouse and 18 Outdoor Warehouse stores in South Africa, went public on the Johannesburg Stock Exchange. The transaction gave the company a valuation of about 1.33 billion rand (€136.3m-$196.4m), resulting in a small capital gain for its major shareholder, ...