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Wed, Aug. 27, 1:50 PM
Tue, May. 27, 3:33 PM
Nov. 18, 2013, 12:45 PM
Nov. 18, 2013, 9:43 AM
- Alon Israel Oil Co. is in talks to sell 55% of the Mega, Teva Eden Market, and AM:PM supermarkets held through the Alon Holdings Blue Square (BSI +17.1%) vehicle to P-E firm Catterton Partners for NIS1B, Globes reports.
- The paper's sources added that French supermarket operator Auchan Group is expected to join in on the deal.
- Mega is the second largest supermarket operator in Israel, with 213 locations and sales of NIS3.22B in 1H 2013, but has been struggling with declining revenue (-1.7% Y/Y in 1H 2013) after a haredim boycott in 2008 and increasing competition from independent stores.
Aug. 29, 2013, 7:47 AM
Oct. 4, 2012, 12:45 PM
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