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General

MediaMarkt acquires stake in Russian retailer M.video

Wednesday 20 June 2018 | 11:47 CET | News
Germany-based retailer MediaMarktSaturn has acquired a 15 percent stake in Russian mobile and electronics retail chain M.video from Russian company Safmar for EUR 258 million. As part of the deal, MediaMarkt will merge its Russian operations into M.video.

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Categories: General
Companies: M.video / MediaMarktSaturn
Countries: Russian Federation
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