Shoprite Holdings Ltd. Chairman Christo Wiese kept the door open for future cooperation with Steinhoff International Holdings NV, saying the two retailers had learned more about each other from failed merger talks.
The companies, in which the billionaire owns stakes of 16 percent and 23 percent respectively, called off a plan to combine their African assets on Monday after failing to agree on price. The deal would have created the continent’s biggest retailer, with sales of more than 200 billion rand ($15 billion).
