"Lenta" Announces Purchase of "OBI Russia" Hypermarket Chain

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The "Lenta" group has received approval from the Federal Antimonopoly Service to acquire the assets of the DIY hypermarket network "OBI Russia," according to a press release from the grocery retailer.

The scope of the deal will include 25 trading pavilions with a total area of 263,000 square meters.

It was previously reported that the construction hypermarket chain OBI will operate under a new name - DOM Lenta.