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October 18, 2006
X5 Retail Group

New Chairman of the Supervisory Board of X5 Retail Group N.V.

Amsterdam, 18 October 2006 - X5 Retail Group N.V. (Pyaterochka Holding N.V.) Russia’s leading grocery retailer, announced today its intention to appoint Mr. Herve Defforey as the Chairman of the Supervisory Board on 2 November 2006. Group CEO Lev Khasis commented: “The merger between...

TAG: Retail Trade

October 13, 2006
X5 Retail Group

Pyaterochka Holding N.V. announces the acquisition of a retail chain and a distribution center in Moscow

Amsterdam, 13 October 2006 - Pyaterochka Holding N.V., Russia’s leading grocery retailer, today signed a binding agreement to acquire 100% of OOO “Metronom AG”. The enterprise value of the transaction is US$ 200 mln payable in cash and through assumption of debt.   As a result, Pyaterochka...

TAG: Retail Trade

 
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