Antitrust clears Group MAX to buy OBI’s Russian business - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Antitrust clears Group MAX to buy OBI’s Russian business

MOSCOW, Jul 15 (PRIME) -- Russia’s Federal Antimonopoly has approved an application of Group of investment and construction companies MAX to purchase DIY retail chain OBI in Russia, the service said in a statement on Friday.

"The service … has approved an application of Group of investment and construction companies MAX to acquire the Russian business of OBI," the service said.

The deal will not limit competition on the market, because the companies operate in different segments, the service also said.

End

15.07.2022 17:02