PropertyEU

Equest completes 75% acquisition of Romanian retailer

By A staff reporter 2007-10-01T00:00:00

Equest Investments Balkans (EIB) has announced that its subsidiary Lynx Property has completed its purchase of a 75% stake in Romanian consumer and electronics retailer Domo. The acquisition, announced in July, was made for EUR 62.5 mln. Domo currently operates 116 retail outlets in major cities throughout Romania.

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