Auchan agreed to sell its Russian subsidiary to investment company Kama Capital this summer, according to “Izvestia”, citing two people familiar with the matter. One of these two people familiar with the matter said that the two sides had submitted approval documents to the government committee in early September, but they were not approved; after Auchan's Russian business was placed under temporary management, the deal finally came to an end. The exact value of the deal was not disclosed; both Kama Capital and Auchan declined to comment.

Zhitongcaijing · 2d ago
Auchan agreed to sell its Russian subsidiary to investment company Kama Capital this summer, according to “Izvestia”, citing two people familiar with the matter. One of these two people familiar with the matter said that the two sides had submitted approval documents to the government committee in early September, but they were not approved; after Auchan's Russian business was placed under temporary management, the deal finally came to an end. The exact value of the deal was not disclosed; both Kama Capital and Auchan declined to comment.