EP Group to acquire a 50% stake in Caprabo from EROSKI.

EP Group, the investment holding company of Daniel Křetínský, agreed to acquire a 50% stake in Caprabo, a supermarket company in Spain, from EROSKI, a Spanish supermarket chain. Financial terms were not disclosed. The operation allows EROSKI to improve its financial position and to consider fulfilled the debt repayment commitment set for the end of this year, in an amount greater than the one committed to with financial institutions, and will promote the relaunch of investments and activity in Catalonia with the CAPRABO brand and in the Balearic Islands with the EROSKI brand. The full effectiveness of the closing of the operation is subject to certain conditions precedent, among which are certain regulatory and contractual authorizations.