Clicks buys 35% more of ARC Store for R507 million, lifting stake to 61%

Bitget2026/09/28 07:05

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Clicks Group agreed to buy an additional 35.3% stake in premium beauty retailer ARC Store for R 507 million.
The deal lifts Clicks’ holding in ARC to 61%, shifting it to a controlling position.
Founding shareholders will retain an investment; ARC’s executive management committed to stay through at least 2028.
ARC operates 12 stores and an online business; expansion plans target 20 to 30 stores over the medium term.
Closing is expected on the first day of the month following competition authority clearance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clicks Group Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S603810), on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Clicks buys 35% more of ARC Store for R507 million, lifting stake to 61%

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