RUSSIA: X5 new share issue to expand in hypermarket sector

By: Ivan Castano | 30 March 2007

Russia's largest supermarket group X5, which owns the Pyaterochka and Perekrestock chains, is considering issuing new shares to finance its agressive expansion plans, the group said in a statement today (30 March).

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Russia's largest supermarket group X5, which owns the Pyaterochka and Perekrestock chains, is considering issuing new shares to finance its agressive expansion plans, the group said in a statement today (30 March).

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