Malta – Lidl to acquire four from Scotts chain of supermarkets

Maltatoday – Four supermarkets from the Scotts chain are to be acquired by the Lidl discount supermarket chain.

The transaction is under the evaluation of the Office for Competition, a Lidl
company spokesperson confirmed with MaltaToday.

The international discount store Lidl opened its doors in Malta in 2008 and
since then has grown to eight stores.

According to the report the value of the transaction is for €35 million
for the entire transfer of buildings and land.

MaltaToday

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