WWD.com/business-news/mergers-acquisitions/delhaize-becomes-majority-shareholder-in-monnier-frres-6388694

mergers-acquisitions

October 5, 2012

Delhaize Becomes Majority Shareholder in Monnier Frères

The Belgian retailer paid 3.5 million euros for its stake and will invest the same amount in the accessories e-tailer’s expansion.

By Alex Wynne

mergers-acquisitions/news

BUYING IN: French accessories e-commerce site Monnier Frères has a new majority shareholder: Belgian multichannel retail group Louis Delhaize.

Delhaize has invested...

Delhaize Becomes Majority Shareholder in Monnier Frères

The Belgian retailer paid 3.5 million euros for its stake and will invest the same amount in the accessories e-tailer’s expansion.

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