Food distributor Sligro sells retail operations in $491 mln deal

Sligro Food

05/03/2018 06:52

AMSTERDAM, March 5 (Reuters) - Sligro  SLIGR.AS , a Dutch
food retail group, said on Monday it will sell its retail arm,
which includes 130 grocery stores, to privately owned
supermarket Jumbo in a deal worth 400 million euros ($491
million).
    Under the deal, Sligro will also sell a meat-packing plant,
real estate, and become the preferential supplier to some Jumbo
stores. 
    
($1 = 0.8135 euros)

 (Reporting by Toby Sterling, Editing by Sherry Jacob-Phillips)
 ((toby.sterling@thomsonreuters.com; +31 20 504 5002;))