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Madrid investors urge Dia to sell French division to Leader Price

Several reports to clients seen by Undercurrent News support the increasingly likely decision of the grocery chain to divest the 865 stores of Dia France to focus on the Iberian and emerging markets

By Victor Jimenez | March 28, 2014 17:12 GMT
Madrid investors urge Dia to sell French division to Leader Price
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Investment funds and banks in Madrid on Friday set the best scenario for Spanish supermarket chain Dia to divest its loss-making division in France, which already saw net sales falling by a staggering 11.2% in 2013. [...]

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