:. Food Industry News

Categories: Mergers and Acquisitions

Penta Investments Expects to Acquire Russian Retailer Semya

Source: FLEXNEWS
22/09/2008

22 September 2008 - Slovakia-based investment group Penta, which has food industry players in its investment portfolio, is in the process of acquiring Russian retail chain Semya.

Daily News Alerts

Contrary to what some media reports say, Penta denies that the retail chain has been already acquired. However, the closing of the deal is expected, said the investment group.

"We are obviously ready to provide the press and public with more detailed information immediately after closing", said Marek Ondrejka, Local Managing Partner of Penta in Moscow.



GO   View more articles on this subject


More Alerts from 23/09/2008


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
Russia's X5 Retail Group Q3 Net Loss $14.7 Mln
Russian Retailer X5 Gets $255 Mln State Loan
Russian Retailer Dixy Prices New Share Issue
Russia Magnit Gets $91 Mln Credit Line, Seeks More
Russia Retailer Dixy Revenue Up, Drops Listing Plan
Russian Retailers Seek 50 Bln Roubles in Loans
Russian Retailer X5 Cuts 30 pct Managerial Staff
Russia's X5 Retail Group Q3 LFL sales up 21 pct
Russian Retailer Magnit 9-mth Sales Rise 51 pct
X5 Retail Group Financial Results For The First Half...

More in Food Industry News
US Coffee Roasters Try Growing the Beans They Sell
Mexico's Comerci to Offer Debt Restructuring Plan
Brazil, Thailand Challenge U.S. Import Measures
Russia's Wimm-Bill-Dann in Talks over $180 Mln Bank...
EU-Australia Wine Trade Agreement Signed
Ireland: Carbery Launches Legal Action Against Carbon...
Dow Introduces New Plant-based Technology Enabling...
China to Open Anti-trust Probe into Coca-Cola's Bid...
Panrico Among Finalists for SOS Biscuits Arm
China Raises Death Estimate from Tainted Milk to Six

Top Headlines
Brazil, Thailand Challenge U.S. Import Measures
Russia's Wimm-Bill-Dann in Talks over $180 Mln Bank...
EU-Australia Wine Trade Agreement Signed
Vietnam Aims to Avoid Coffee Expansion in 2009
Carrefour Plans More French "Carrefour" Brand...
Ireland: Carbery Launches Legal Action Against Carbon...
Dow Introduces New Plant-based Technology Enabling...
China to Open Anti-trust Probe into Coca-Cola's Bid...
Panrico Among Finalists for SOS Biscuits Arm
China Raises Death Estimate from Tainted Milk to Six
Mondavi-inspired Wine Center Files for Bankruptcy
Kohlberg Kravis Roberts to Invest $100 Million in Chinese...
Unilever Reshapes its Global Research & Development
SIA Unit to Buy Singapore Food for S$478 Million
UK: Real Good Food Warns on Profit Again
Tesco Preparing for Tougher Times Ahead
Brown-Forman to Divest Italian Wines
DeMet's Candy Company Acquires the Treasures and Stixx...
Canada Greens File Complaint on Nestle Water Ads
Saputo Completes the Acquisition of the Activities...
Solae Announces Global Price Increase for Soy Ingredients
Colruyt Issues Interim Financial Report; Revenues Rise...
UK: Bidders Circle Troubled Woolworths
Ardo Confirms Take-Over of Austria Frost
Carrefour Still Planning Indian Joint Ventures
Improved Infant Formula, Aroma Composition for Use...
Co-Precipitated Carrageenan/Xanthan Gum Compositions...


 


FLEXNEWS 2008 - All rights reserved
ISSN 1950-6228