Mercator offloads apparel subsidiary

Ljubljana, 14 July - Retailer Mercator revealed Thursday it offloaded its apparel and beauty subsidiary Modiana to Montecristo SL for an undisclosed sum as it continues to divest non-core assets to focus on its core grocery business as part of the Croatian-owned Agrokor group.

Ljubljana Retailer Mercator. Photo: Tamino Petelinšek/STA

Ljubljana
Retailer Mercator.
Photo: Tamino Petelinšek/STA

The rest of this news item is available to subscribers.
The news item consists of 914 characters (without spaces) or 171 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

sm/mab
© STA, 2016

The STA web pages use cookies to ensure proper functioning of all page features. By using our website, you agree to the use of cookies on all STA web pages.

I want to know more