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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

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