O'Key confirms talks with Sberbank for hypermarkets sale

Source: Reuters, Monday, Apr 15, 2019

O’Key has confirmed that Russia’s largest lender Sberbank had expressed interest in its hypermarket business. State-controlled Sberbank is in talks to buy O’Key, six industry sources told Reuters on Thursday. One of the sources said that O’Key’s discount chain Da! could be left out of the possible deal.