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News:Argos:Agrokor on shortlist to buy Lenta

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Wal-Mart, Carrefour on shortlist to buy Lenta: paper

Wal-Mart, Carrefour, Kesko and Agrokor Group are on a shortlist to buy Russian retail chain Lenta, Vedomosti daily reported on Wednesday, citing two minority shareholders in the chain.

They have one month to inspect the company's books and make their final offers.

Vedomosti said the contenders valued the chain at around $2 billion, including $500 million in debt.

Reuters


Wal-Mart Seen Tussling For Russian Retailer

Two decades after the end of the Cold War, Russians could soon be filling their freezers with food from Wal-Mart Stores.

Russia has proven to be the final frontier for Wal-Mart Stores' (nyse: WMT - news - people ) European ambitions, and now the world’s largest retailer is reported to be circling the Russian retail chain Lenta, along with a handful of other Western companies.

Forbes



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