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RSS FeedsKesko to discontinue its building and home improvement trade operations in Russia
(WorldNews Finland)

 
 

16 february 2018 20:37:40

 
Kesko to discontinue its building and home improvement trade operations in Russia
(WorldNews Finland)
 


KESKO TO DISCONTINUE ITS BUILDING AND HOME IMPROVEMENT TRADE OPERATIONS IN RUSSIA STOCK EXCHANGE RELEASE /16.02.2018 18:20 Kesko to discontinue its building and home improvement trade operations in Russia Kesko Corporation has agreed today to sell 12 building and home improvement store properties in Russia to Leroy Merlin Vostok LLC, a Russian division of the French Leroy Merlin. Leroy Merlin is the biggest building and home improvement store chain in Russia. The transaction price paid for the properties in cash is approximately RUB 12 billion (some EUR169 million). "In accordance with its strategy, Kesko is focusing on the grocery trade, building and technical trade, and car trade. In...


 
17 viewsCategory: General > Europe > Finland
 
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