X5 Group to buy 15 St Petersburg Prisma stores from Finland firm - Consumer Goods & Retail - 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

X5 Group to buy 15 St Petersburg Prisma stores from Finland firm

MOSCOW, Jun 16 (PRIME) -- Russian retailer X5 Group will buy 15 Prisma malls owned by Finland's SOK Retail in St. Petersburg, the company said in a statement on Thursday.

" X5 Group… and SOK RETAIL INT. OY, a Finnish holding company that has announced its withdrawal from Russia, confirm that they have reached an agreement under which X5 will acquire the operator of PRISMA supermarkets (15 stores in total) in St Petersburg, as well as a kitchen facility," X5 Group said.

The Federal Antimonopoly Service earlier approved the deal. The amount was not disclosed.

End

16.06.2022 11:13
 
 
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