Brief: Pepco Group Agrees Sale Of Dealz Poland To Specialist European Retail Investor

Pepco

03/06/2026 07:10

June 3 (Reuters) - Pepco Group NV PCOP.WA:
PEPCO GROUP AGREES SALE OF DEALZ POLAND TO A SPECIALIST EUROPEAN RETAIL INVESTOR
TRANSACTION WILL COMPLETE GROUP’S STRATEGIC EXIT FROM FAST-MOVING CONSUMER GOODS (FMCG) RETAIL, CREATING  PURE-PLAY PEPCO BUSINESS
TRANSACTION WILL ENABLE GROUP TO FOCUS ENTIRELY ON ITS HIGHER-GROWTH, HIGHER-MARGIN PEPCO CLOTHING AND GENERAL MERCHANDISE BUSINESS
WILL RETAIN 35% PARTICIPATION IN THE NET PROCEEDS OF ANY FUTURE ONWARD SALE OF DEALZ POLAND
THE SHARES IN DEALZ POLAND WILL BE SOLD TO THE INVESTOR FOR NOMINAL CONSIDERATION
PEPCO GROUP IS PROVIDING AN ASSET-BACKED VENDOR FINANCING FACILITY OF UP TO GBP 20M EQUIVALENT IN SUPPORT OF THE TRANSACTION
TRANSACTION IS SUBJECT TO THE SATISFACTION OF A CUSTOMARY ANTITRUST APPROVAL
Source text: ID:nEMbVTGJca
Further company coverage: PCOP.WA

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