REG - Dairy Farm Intnl Jardine Matheson Hdg Jardine Strategic - DF Partnership With Robinsons Receive PCC Approval

Jardine Matheson HoldingsAnnouncement

17/08/2018 10:30

RNS Number : 1570Y
Dairy Farm International Hldgs Ltd
17 August 2018
 


To:     Business Editor                                       For immediate release
 
The following announcement was issued today to a Regulatory Information Service approved by the Financial Conduct Authority in the United Kingdom.

DAIRY FARM'S PARTNERSHIP WITH ROBINSONS IN THE PHILIPPINES RECEIVES COMPETITION COMMISSION APPROVAL


17th August 2018 - Dairy Farm International Holdings Limited is pleased to announce that, on 16th August 2018, the combination of its wholly-owned food retail business, Rustan Supercenters, Inc., with Robinsons Retail Holdings Inc. received the approval of the Philippine Competition Commission.  Completion of this transaction is expected to take place in the next couple of months, at which time a further announcement will be made.


Dairy Farm is a leading pan-Asian retailer.  The Group, together with its associates and joint ventures, operate over 7,400 outlets - including supermarkets, hypermarkets, convenience stores, health and beauty stores, home furnishings stores and restaurants - employing over 200,000 people, and had total sales in 2017 exceeding US$21 billion.  Dairy Farm International Holdings Limited is incorporated in Bermuda and has a standard listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore.  It is a member of the Jardine Matheson Group.

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For further information, please contact:
 
Dairy Farm Management Services Limited
Ian McLeod (852) 2299 1881

Neil Galloway (852) 2299 1896
 
Brunswick Group Limited
Kirsten Molyneux (852) 3512 5053
 
This and other Group announcements can be accessed through the internet at 'www.dairyfarmgroup.com'.




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