Dia

DIA's Clarel To Function As Independent Business Unit

Spanish retailer DIA has announced that its personal and home care chain Clarel will function as an independent business unit within the company. The re...

DIA Appoints Former Lidl Buying Head As Chief Commercial Officer

Spanish retailer DIA has appointed Dawid Jaschok as its new chief commercial officer, reporting to Karl-Heinz Holland, the group's recently appointed chief...

DIA Secures New Financial Agreement With Lenders, Shareholders

Spanish retail chain DIA has announced that it has secured a long-term agreement with lenders and shareholders which will ensure financial stability in the...

Spain's DIA To Pursue Debt Refinancing Deal After It Misses Deadline

Spanish retailer DIA said on Monday its main shareholder will seek a deal on how to restructure the discount supermarket chain's towering debt after missin...

Former Lidl CEO Holland To Head Up Spain's DIA

Karl-Heinz Holland, the former chief executive of Lidl, has been appointed CEO of Spanish retailer DIA, following a restructuring of the group's board of d...

Spanish Retailer DIA Strikes Rescue Deal With Banks

Spanish retailer DIA reached an eleventh-hour agreement to secure financing on Monday, new owner LetterOne said in a statement, staving off the i...

Spain's DIA Hints At Potential Liquidation Should Stabilisation Measures Fail

Spanish retailer DIA has said that should efforts to stabilise its capital structure and liquidity fail to proceed 'in a timely manner', the company may be...

LetterOne Mulls Loan, Starts Talks Over Debt In Bid For Spain's DIA

Russian tycoon Mikhail Fridman's LetterOne (L1) investment fund would consider injecting capital into Spanish retailer DIA if other shareholders accept its...