Rewe International has signed an agreement to take over Austrian supermarket chain Adeg Österreich Genossenschaft.
Rewe International has signed an agreement to take over Austrian supermarket chain Adeg Österreich Genossenschaft.
The overseas arm of the German retail giant will take over the 25% stake it didn’t own after it acquired 75% of the company’s shares last year.
Adeg is a buying group encompasses 406 shop managers and more than 500 branches in Austria.
Terms of the deal were not disclosed.
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