Known for the purchase of a control package of ABC TASTE’s shares as a great Russian retailer 11:26

Magnit, one of the largest Russian retailers, will receive a “ABC TASTE” control package in the store chain. Reporting this Tass Reference to retail press service.

“Magnit” announced the purchase <...> The City Supermarket LLC, where Premium Retail Segment stores are located, said the stock package in the authorized capital of LLC (after that will be called TATIN ABC). ”

The main operational subsidiary of the process will be performed via JSC “Tanter”. The agreement shall be closed after receiving approval from the federal antimonyopol service (Morocco) and other conditions accepted by the parties.

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Source: Gazeta

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