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More speculation about WAL-MART bid for Kopeika

Just-Food has reported that speculation is mounting that Wal-Mart is preparing to acquire Russian grocery chain Kopeika. The country's Federal Anti-Monopoly Service has approved the acquisition of Kopeika by Ekarpos, an off-shore company controlled by Nikolai Tsvetkov, head at Russian bank Uralsib and the key shareholder of Kopeika. This move is likely to allow Tsvetkov to consolidate ownership of 100% of Kopeika’s shares, which until recently have been operated by him through Ekarpos and three other off-shore holding companies and that this reorganisation could be in preparation for the sale of Kopeika to Wal-Mart. The US giant had made an attempt to buy the Russian company earlier this year, the report added.
Статья относится к тематикам: Retail
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Just-Food has reported that speculation is mounting that Wal-Mart is preparing to acquire Russian grocery chain Kopeika. The country's Federal Anti-Monopoly Service has approved the acquisition of Kopeika by Ekarpos, an off-shore company controlled by Nikolai Tsvetkov, head at Russian bank Uralsib and the key shareholder of Kopeika. This move is likely to allow Tsvetkov to consolidate ownership of 100% of Kopeika’s shares, which until recently have been operated by him through Ekarpos and three other off-shore holding companies and that this reorganisation could be in preparation for the sale of Kopeika to Wal-Mart. The US giant had made an attempt to buy the Russian company earlier this year, the report added.More speculation about WAL-MART bid for KopeikaWal-Mart, Kopeika, russian retailers
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More speculation about WAL-MART bid for Kopeika
https://www.retail.ru/local/templates/retail/images/logo/login-retail-big.png 243 67
SITE_NAME https://www.retail.ru
https://www.retail.ru/news/41438/2017-09-24