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30 April 2015

X5 Retail Group and A&NN Group announce completion of the deal with SPAR Retail

​X5 Retail Group and A&NN Group announce completion of the deal with SPAR Retail​

Moscow, 30 April 2015

X5 Retail Group (‘X5’ or the ‘Company’), a leading Russian food retailer, and A&NN Investments ltd, one of biggest privately-owned investment groupings, announce the acquisition by X5 Retail Group of 100% stake in SPAR Retail, owned by A&NN Investments Ltd. SPAR Retail operates 26 stores (previously – under the “SPAR” brand) in Moscow (11), Moscow Region (7) and Vladimir (8). The transaction has been approved by the Russian Federal Antimonopoly Service.