RUSSIA: X5 shareholder denies merger speculation

By just-food.com | 7 April 2011

X5 Retail Group's largest shareholder, Alfa-Group has today (7 April) described speculation that it is looking to merge Russia's largest grocer with an international retailer as being "unfounded".

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X5 Retail Group's largest shareholder, Alfa-Group has today (7 April) described speculation that it is looking to merge Russia's largest grocer with an international retailer as being "unfounded".

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