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Economic

Grocery Store Giant 7 Eleven Might Take Over Romanian Mic.ro

Romanian businessman Dinu Patriciu is negotiating the sale of his Mic.ro retail network to international group 7 Eleven, people close to the matter told MEDIAFAX.

Andrei Cîrchelan · 18 ianuarie 2012 · 1 min de citit

“Negotiations with 7 Eleven started in fall last year and they are set for completion in March 2012. There are talks on a EUR60 million capital inflow at Mic.ro,” the sources said.

7-Eleven is the world’s largest grocery store chain, with over 43,500 units in 16 countries, including 8,900 units in North America.

Mic.ro has debts to a series of suppliers, which halted deliveries and are now making moves to recover their money.

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