Announced

Dixy to acquire back the 20% stake from Prosperity Capital Management.

Synopsis

Dixy, a Russian food retailer, to acquire back the 20% stake from Prosperity Capital Management, a asset management and investment firm. Financial terms were not disclosed. “We are satisfied with the fact that all minority shareholders would have a right to sell back their shares at a price of 340 roubles per share,” Alexey Krivoshapko Prosperity Director.

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