Kesa to sell off Swiss stores
Kesa has confirmed it is in talks to sell off its Swiss operation.The company said that it has entered into excl usive negotiations with Swiss electrical retailing chain FUST, regarding the sale of its Swiss operations for CHF 20 million (£11.4 million). The sale will not result in a loss for the Group.
The negotiations will include obtaining certain approvals which are likely to be completed in the coming weeks.
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