"Choppies Offer Was Sweetest For Supasave

The Authority revealed this on Friday when announcing its conditional approval of the multi-million Pula deal which will see Choppies' boost its mass grocery retail market share beyond 30 percent. Under the deal, Choppies SupaSave will take over SupaSave's six stores located in Gaborone, Molepolole and Palapye as well as its distribution wing, MegaSave.

Acting Competition Authority CEO, Magdeline Gabaraane revealed that the smaller retail chain had been struggling from about 2011 and had put itself up for acquisition."SupaSave since 2011 ran into financial distress and had a situation where their assets could not cover their liabilities," she said."They then tried to find buyers and there were three bidders, including Choppies, whom they felt had a better deal.The transaction then came to the Authority for consideration."