Under the deal, Sligro will also sell a meat-packing plant, real estate, and become the preferential supplier to some Jumbo stores.
(Reporting by Toby Sterling, Editing by Sherry Jacob-Phillips)
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14.2 EUR | -0.42% | +0.14% | -10.47% |
08/02 | Sligro Food Group N.V. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
2023 | Sligro Food Group N.V. Reports Earnings Results for the Half Year Ended June 30, 2023 | CI |
AMSTERDAM (Reuters) - Sligro, a Dutch food retail group, said on Monday it will sell its retail arm, which includes 130 grocery stores, to privately owned supermarket Jumbo in a deal worth 400 million euros ($491 million).
Under the deal, Sligro will also sell a meat-packing plant, real estate, and become the preferential supplier to some Jumbo stores.
(Reporting by Toby Sterling, Editing by Sherry Jacob-Phillips)
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