Dia

Russian Tycoon's Fund Sees Shareholder Support For DIA Bid Plan

Russian tycoon Mikhail Fridman's LetterOne (L1) investment fund has received strong signals of support for its plan to take over Spanish supermarket group...

Casino, Metro, Auchan, DIA Officially Launch Horizon International Services

Auchan Retail, Casino Group, Metro and DIA have officially launched a new purchasing platform, Horizon International Services, following approval from the...

Jerónimo Martins Eyes Romania, Possible Latin America Expansion

Portuguese retail group Jerónimo Martins is eyeing potential locations in Romania, with plans to launch in the country in the next two and a half ye...

Spain's DIA Introduces 2018-2023 'Strategic Plan' To Turnaround Fortunes

Spanish retailer DIA has outlined details of its 2018-2023 strategic plan, The New DIA, which will focus on the 'transformation, modernisation and future'...

Spanish Takeover Target DIA Posts Net Loss Of €353m In 2018

Spanish supermarket chain DIA posted a net loss of €352.6 million ($400 million) in 2018, the company said on Friday, three days after its main shareh...

LetterOne's Tender Offer For DIA Creates Uncertainties For Creditors: Moody's

Ratings agency Moody's has said that it believes that LetterOne's tender offer for Spanish retailer DIA, announced earlier this week, could create 'uncerta...

Russian Tycoon Launches €300m Bid For Spain's DIA

Investment group Letterone said on Tuesday it plans to make a €300 million takeover bid for Spanish supermarket chain DIA, valuing the group at more t...

Moody's Downgrades Spanish Retailer DIA's Bond Ratings

Ratings agency Moody's has announced that it has downgraded the senior unsecured long-term rating of Spanish grocer Distribuidora Internacional de Alimenta...