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X5 to Buy Kopeyka for $1.1 Billion as Wal-Mart Lurks

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Cyprus Company Formation
Dec 30, 2008
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X5 Retail Group NV, Russia’s largest retailer, agreed to acquire Moscow-based discounter Kopeyka for 35 billion rubles ($1.1 billion) in cash to reinforce its market leadership as Wal-Mart Stores Inc. seeks to enter the country.


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