Spanish Grocer Mercadona in Talks to Sell 30 Stores to MDSR
(Bloomberg) -- Mercadona, Spain’s biggest supermarket chain by market share, is in talks to sell about 30 stores to Israeli fund MDSR Investments.
The portfolio is part of a 36-store package of properties Mercadona put on sale last year for 200 million euros ($243 million), a company spokeswoman said. Separately, Mercadona sold a package of 27 stores with a 15-year leaseback to LCN Capital Partners for 180 million euros last year.
A spokeswoman for MDSR declined to comment on the talks.
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