*Deal gives Steinhoff exposure to African clothing market. JOHANNESBURG, Nov 25- South Africa's Steinhoff International will buy clothing retailer Pepkor in a $5.7 billion deal that gives the budget furniture firm exposure to Africa's fast-growing apparel market and strengthens its business in eastern Europe. The 62.8 billion rand cash and share deal will...» Read More
*Restructuring charges of 50 million euros through 2016. AMSTERDAM, Sept 23- Philips, the Dutch conglomerate that started life making light bulbs 123 years ago, is splitting off its lighting business in a bold step to expand its higher-margin healthcare and consumer divisions.
AMSTERDAM, Sept 23- Philips said on Tuesday it would break its 120- year-old company in two, creating a stand-alone lighting business and merge consumer and healthcare divisions into a 15- billion euro business.
Aug 21- Home Depot Inc named retail industry veteran Craig Menear as its chief executive, four months after he was appointed as head of the home improvement chain's U.S. retail business. Menear, 56, joined Home Depot in 1997 as a merchandising manager.
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