Kesko Food’s Russian subsidiary Cassa Oy is looking to acquire Russia’s third-largest grocery chain OOO Lenta, the company confirmed today (20 October).
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
A spokesperson for the group told just-food: “We have informed the competition authority of this possibility by issuing a preliminary notification of acquisition in case the opportunity [to acquire Lenta] should present itself.”
On its website, the Russian competition watchdog said that it requires further information before it is able to reach a decision. The handling time of the notification has been extended to 11 December, the regulator said.
