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Retail

Maxima Grupė Closes In On Emperia Holding

Lithuania-based Maxima Grupė is one step closer to acquiring Emperia Holding, with the news that it has signed an investment agreement with the business and is submitting a tender offer to acquire 100% of company’s shares on Warsaw Stock Exchange.

Emperia Holding controls the Polish retail chain Stokrotka, which comprises some 410 stores and has a market share of around 20% in the convenience segment.

“Stokrotka is one of the leading food retail chains in the Polish market,” said Petras Jašinskas, chairman of the board at Maxima Grupė.

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