July 11, 2013 / 6:32 AM / in 4 years

Delhaize to sell 25 stores in Montenegro

BRUSSELS, July 11 (Reuters) - Belgian retailer Delhaize will sell 25 stores in Montenegro to distributor Expo, the company said on Thursday.

Delhaize said the stores had revenues of about 50 million euros ($64.29 million) in 2012 but gave no further financial details about the transaction. ($1 = 0.7778 euros) (Reporting by Robert-Jan Bartunek)

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