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BUSINESSBloomberg Markets·4h ago

Spar Plans Board Changes by November as Turnaround Drags

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Spar Group Ltd. intends to appoint a new chair and independent directors by November as the company continues its efforts to improve earnings.

Spar Group Ltd. plans to announce a new chair and additional independent directors by early November as South Africa’s second-largest grocer by revenue pushes ahead with a turnaround that’s yet to deliver a meaningful improvement in earnings.

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