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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...

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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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