SCANDINAVIA: Nordic cooperative merger gets lukewarm reception
The decision to merge the retail units of the three Nordic consumer cooperatives in Sweden, Norway and Denmark has received a cool response from the industry. The move was pretty much anticipated following the coops' earlier discussions and the set-up of the earlier Coop Norden , a more loosely jointly owned company set up to explore ways the three coops could cooperate."We look at the planned merger between the cooperatives in Sweden, Norway and Denmark with respect. But we also see that the coops in Finland, which have the strongest position of them all, have decided to stay out of the merger. I think that one could see that as a kind of a statement," Mats Jansson, president of the Swedish
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