Brait SE (BATJ.J)
18 Jan 2019
LONDON/JOHANNESBURG Shares in South African investment firm Brait plunged more than 20 percent on Monday after its British fashion chain New Look announced a deal with creditors to cut 1 billion pounds off its debts, in its latest turnaround attempt.
* Parent firm Brait's shares fall more than 20 pct (Recasts, adds Brait share price, trader quote, detail, bullets)
JOHANNESBURG, Nov 12 South African investment house Brait SE reported a fall in net asset value for the first half of its financial year, weighed down by a tough trading environment in both South Africa and the United Kingdom.
JOHANNESBURG, Nov 6 British fashion group New Look, which is owned by South African investment firm Brait , is planning to close around 85 stores, it said on Tuesday.