Kesko's Russian grocery trade in Russian newspaper on 30 May 2016
KESKO CORPORATION STOCK EXCHANGE RELEASE 30.05.2016 AT 14.10 1(1)
Kesko's Russian grocery trade in Russian newspaper on 30 May 2016
With reference to the article about possible arrangements in Kesko's Russian grocery trade published in the Russian Delovoi Peterburg newspaper on Monday, 30 May 2016:
Kesko is continuously looking into different alternatives in the implementation of its strategy. In Russia, the company has decided to withdraw from the sports equipment trade, like the company has announced earlier. The company develops its Russian grocery trade further in accordance with the strategy. In the strategic examination, all possible alternatives are considered. As one of the alternatives, Kesko's representatives in Russia have also examined selling the grocery trade operations, but the examination has not lead to negotiations.
Further information:
Lauri Peltola, Senior Vice President, Communications, Corporate Responsibility and Stakeholder Relations, tel. +358 105 322 400, +358 505 705 606, [email protected]
Kesko Corporation
Merja Haverinen
Vice President, Group Communications
DISTRIBUTION
Nasdaq Helsinki Ltd
Main news media
www.kesko.fi
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Source: %s via Globenewswire
[HUG#2016470]
