KWM advise Navis Capital on sale of Retail Apparel Group
King & Wood Mallesons (KWM) advised Navis Capital on its agreement to divest its controlling interest in Retail Apparel Group (RAG) to The Foschini Group.
The divestment will see The Foschini Group – a South African listed retailer, acquire 100 per cent of the issued share capital of RAG, valued at approximately $302.5 million.
The KWM team was led by Partners Matthew Coull, Evie Bruce, and Yuen-Yee Cho, supported by Senior Associate Clifford Sandler, Solicitors Nicholas Ferrari, Luke Mulcahy and Kristin Romano, and Graduate Alyce Kliese.