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Inside Larry Kestelman’s plans for PAS Group

Larry Kestelman is on the hunt for further retail acquisitions. Image: Supplied
As PAS Group’s second biggest shareholder, Larry Kestelman believes the company already knows the changes it needs to make to compete in the current retail environment – cut costs, rev up online, revitalise stagnant brands – it just has to execute these changes more quickly. He’s betting that going private will give PAS Group the freedom it needs to do so. “In the current environment, agility and quick decisions, being opportunistic when you need to be, is key,” Kestelman said. “In

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