Food Retail & Distribution

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ALBIS to merge with two subsidiaries

Friday, 14 Nov 2014 01:00am EST

ALBIS Co Ltd:To merge with a Toyama-based wholly owned food retail subsidiary as well as a Toyama-based wholly owned real estate leasing company, effective Jan. 1, 2015.The two subsidiaries to be dissolved and the company to be surviving company.

VALOR CO LTD announces transition to holding company structure and to set up subsidiary

Tuesday, 4 Nov 2014 11:00pm EST

VALOR CO LTD:To restructure the company into a holding company, effective Oct. 1, 2015.To change name after restructure.To set up a wholly owned subsidiary in Tajimi, which to be engaged in supermarket business, in early April 2015.

Dixy Group OAO updates on restructuring-Interfax

Friday, 10 Oct 2014 07:00am EDT

Dixy Group OAO:Dixy's consolidation of 100 percent of Victoria-Baltiya in Kaliningrad will cost 21.21 billion Russian rubles, show Dixy materials for an extraordinary shareholders meeting that will discuss the deal-Interfax.The nominal value of the stake is 31.1 million rubles.Dixy Group will sell the shares to CJSC Dixy Yug.Earlier as part of a program of optimization, Dixy reduced the number of companies in the group from 73 to 27 at the beginning of last year.This year the retailer plans to reduce further to 18 and merge operating companies responsible for the development of the Dixy chain and the Megamart division.

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