Wednesday, July 18, 2007

TPG plans to buy control in Russian grocer -paper

(Reuters) - The deal might be closed on Sept. 3. The Russian sellers
would be the current top owners of the chain, businessmen
Vladimir Gruzdev and Alexander Zanadvorov.




The purchase could become the largest ever retail sector
acquisition in Russia, outpacing the previous record deal in
which Alfa Group paid around $900 million for a major stake in
retailer Pyaterochka.


Read more at Reuters.com Mergers News

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