SOLNA, Sweden--(BUSINESS WIRE)--Regulatory News:
ICA Gruppen (STO:ICA) today confirms, after reports in local media in Lithuania, that discussions are ongoing with the owners of Palink, over a potential acquisition of the Lithuanian grocery chain IKI.
No agreement has been reached and it is not possible to state with certainty that an agreement will be reached. Further information will be published when there is anything substantial to communicate.
This information is such that ICA Gruppen AB is obligated to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication at time 8:45 CET on Friday, 25 November, 2016.
ICA Gruppen AB (publ) is a leading retail company with a focus on food and health. The Group includes ICA Sweden and Rimi Baltic which mainly conduct grocery retail, ICA Real Estate which owns and manages properties, ICA Bank which offers financial services and Apotek Hjärtat which conducts pharmacy operations. The Group also includes Hemtex. For more information see icagruppen.se
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