Tag: Magnit

Magnit to acquire Russian retail chain DIXY for $1.25bn

pallavi123- May 18, 2021

Russian retailer Magnit, via its main operating subsidiary – Tander, will acquire DIXY Holding, the holding company for DIXY retail chain in Russia, for RUB ... Read More

Magnit begins owns express delivery service from Magnit Cosmetic stores

pallavi123- April 27, 2021

Russian supermarket chain Magnit has launched its own express delivery service from Magnit Cosmetic stores in eight cities in Russia. The retailer plans to add ... Read More

Russian retailer Magnit introduces delivery service in 14 more cities

pallavi123- April 15, 2021

Russian retailer Magnit said that it has launched its own express delivery service in 14 more cities. According to the retailer, convenience stores in Ufa, ... Read More

VTB Group buys 29.1% stake in Russian supermarket chain Magnit for $2.45bn

pallavi123- February 17, 2018

Retail acquisition news : State-controlled Russian bank VTB Group has agreed to buy out a 29.1% stake in Russian supermarket chain Magnit for a sum ... Read More