5 May 2010

X5 gains operational control of Perekrestok Express convenience stores with additional 20% equity interest

Amsterdam, 5 May 2010

X5 Retail Group N.V., Russia’s largest food retailer in terms of sales (LSE ticker: “FIVE”), today announced an agreement to acquire an additional 20% stake in Express Retail for a total consideration of USD 6 million.

Category: Corporate announcements

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