The FAS approved the deal between Magnit and Far Eastern retailer Samberi. In October 2023, Magnit agreed with Samberi to purchase a 33% stake in the company. The first stage of the transaction is scheduled to close in summer 2024.
The Federal Antimonopoly Service (FAS) approved the agreement between Magnit and the Samberi retail chain. This was reported by the Magnit press service.
In October 2023, the parties reached an agreement. Magnit buys a 33.01% stake in Samberi. There will also be an option to purchase the remaining share within a period of five years.
“The first stage of the transaction is expected to close in the summer of 2024. The agreement also provides for the fulfillment of a number of conditions agreed to by the parties,” Magnit said.
Samberi’s current management team will continue to manage the network. Sambury will continue to develop under its own brands.
The Samberi chain has about 300 stores of various formats. The total sales area of the stores exceeds 210 thousand square meters. meter.
In November 2023, Magnit bought the KazanExpress marketplace. The company will launch its own marketplace “Magnit Market” based on it.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
