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

“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.