Dia

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...

Shareholder Vote Clears Way For Takeover Bid For Spain's DIA

Shareholders in Spain's DIA backed a rescue plan for the faltering supermarket chain on Wednesday, in a vote that clears the way for Russian tycoon Mi...

Spanish Supermarket Chain DIA Faces Day Of Reckoning

Shareholders in Spain's DIA are due to choose between two competing rescue plans for the faltering supermarket chain on Wednesday in a vote which could dec...

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...