Kesko's Russian grocery trade in Russian newspaper on 30 May 2016

Kesko's Russian grocery trade in Russian newspaper on 30 May 2016

ID: 474331

(Thomson Reuters ONE) -


KESKO CORPORATION STOCK EXCHANGE RELEASE 30.05.2016 AT 14.10 1(1)

Kesko's Russian grocery trade in Russian newspaper on 30 May 2016

With reference to the article about possible arrangements in Kesko's Russian
grocery trade published in the Russian Delovoi Peterburg newspaper on Monday,
30 May 2016:

Kesko is continuously looking into different alternatives in the implementation
of its strategy. In Russia, the company has decided to withdraw from the sports
equipment trade, like the company has announced earlier. The company develops
its Russian grocery trade further in accordance with the strategy. In the
strategic examination, all possible alternatives are considered. As one of the
alternatives, Kesko's representatives in Russia have also examined selling the
grocery trade operations, but the examination has not lead to negotiations.

Further information:
Lauri Peltola, Senior Vice President, Communications, Corporate Responsibility
and Stakeholder Relations, tel. +358 105 322 400, +358 505 705 606,
lauri.peltola(at)kesko.fi



Kesko Corporation



Merja Haverinen
Vice President, Group Communications



DISTRIBUTION
Nasdaq Helsinki Ltd
Main news media
www.kesko.fi




This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Kesko Oyj via GlobeNewswire
[HUG#2016470]






Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 30.05.2016 - 13:10 Uhr
Sprache: Deutsch
News-ID 474331
Anzahl Zeichen: 1942

contact information:
Town:

Kesko



Kategorie:

Business News



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