Auchan could sell local business in Russia
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France's Auchan group could sell its business in Russia, the French newspaper La Lettre said.
La Lettre said that Auchan has found a "local buyer", and is in the final stages of negotiations to sell its Russian assets.
Auchan LLC is the Russian division of Auchan.
Auchan LLC saw revenue fall 4.7% to 226 billion rubles in 2023, and net profit drop to 460.2 million rubles from 4.7 billion rubles last year.
Source: www.en.interfax.com.ua
