date:Jun 01, 2016
openings and store revamps in the coming years, in line with its 'store of the future' concept. The retailer reported impressive revenue growth of 9% to 64.4bn in its 2015/2016 financial year. The grocer will open its first outlets in Lithuania this summer with plans to enter the Serbian market in 2018.
TPG said to be in talks to acquire Abraajs Spinneys chain in Egypt
TPG Capital is in talks to buy the Spinneys supermarket chain in Egypt from Abraaj Group, in what would be the U.S. buyout firm