French retailer Carrefour and UK grocer Tesco are said to be among four bidders for Polish retail chain Zabka, according to reports.
It is understood that there are four bidders for the Polish retailer, owned by Slovak financial group Penta, Reuters reported today (15 December).
Two of the suitors are said to be strategic investors with the remaining two financial parties, Reuters said. A source told the publication that the two strategic investors are Carrefour and Tesco.
Zabka operates around 2,300 stores in Poland and the Czech Republic. In Poland, the firm owns a network of convenience stores under the banner Freshmarket.
A final decision on the sale is expected to be made in January.