World

Rewe Group acquires 12 stores in Russia

Rewe Group acquires 12 stores in Russia

  German grocer Rewe Group has received the approval from the Russian competition authorities to acquire 12 City stores from Turkey-based Enka Group. The outlets in the greater metropolitan area of ...

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StarBev sold to Molson Coors Brewing Company

StarBev sold to Molson Coors Brewing Company

Molson Coors Brewing Company has signed a definitive agreement with StarBev, owned by funds advised by CVC Capital Partners Limited and StarBev management, to acquire StarBev for 2.65 billion euro. Headq...

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Tesco to consider GBP2 billion investment

Tesco to consider GBP2 billion investment

  UK-based Tesco is thought to be looking to invest up to GBP2 billion (USD3.1 billion) in overhauling its UK operation, according to the Sunday Express. A Tesco spokesperson said: "The money will g...

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Delhaize Group launches virtual shopping wall in Brussels

Delhaize Group launches virtual shopping wall in Brussels

  Belgian grocer Delhaize Group has piloted a ‘virtual supermarket’ in the central train station in Brussels, according to a local media report. The installation consists of four panels that feature...

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