X5 acquisition of Kopeika delayed

Russian anti-monopoly trust FAS has postponed consideration of the application from X5 Retail Group for the acquisition of Kopeika until 22 September. X5 hopes to acquire Kopeika’s whole business, including 99.9% of shares in the parent OJSC Kopeika Trading House, Kommersant has reported. X5 had filed the application to the FAS late July before the final completion of the negotiations.