:. Food Industry News

Categories: Mergers and Acquisitions

Penta Investments Expects to Acquire Russian Retailer Semya

Source: FLEXNEWS
22/09/2008

22 September 2008 - Slovakia-based investment group Penta, which has food industry players in its investment portfolio, is in the process of acquiring Russian retail chain Semya.

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Contrary to what some media reports say, Penta denies that the retail chain has been already acquired. However, the closing of the deal is expected, said the investment group.

"We are obviously ready to provide the press and public with more detailed information immediately after closing", said Marek Ondrejka, Local Managing Partner of Penta in Moscow.



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