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Delhaize to sell Bulgarian stores
Delhaize Group on Wednesday said it reached an agreement to sell its operations in Bulgaria to AP Mart.
February 26, 2014
1 Min Read
Delhaize Group on Wednesday said it reached an agreement to sell its operations in Bulgaria to AP Mart.
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The transaction is expected to complete in the second quarter subject to regulatory approval as well as customary closing conditions and working capital adjustments. A purchase price was not disclosed.
Delhaize entered Bulgaria in 2011 through its purchase of Serbian retailer Delta Maxi Group.
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