OREANDA-NEWS. On October 26, 2007 X5 Retail Group N.V., Russia's largest food retailer in terms of sales (LSE ticker: “FIVE”), announced that it signed an agreement to acquire 100% of the business and assets of the Korzinka retail chain (Russian equivalent of the “Basket”), for a total consideration of US$115 million, including debt, reported the press-centre of X5 Retail Group N.V.

Full report see here: http://x5.lgg.ru/en/press/press_releases/index.php?id4=363