Philippines: Robinsons Retail completes $343m acquisition of Rustan Supercenters

Photo from Robinsons Retail's website

Robinsons Retail Holdings Inc (Robinsons Retail), the second-largest multi-format retailer in the Philippines, has completed its P18-billion ($343 million) acquisition of grocery chain operator Rustans Supercenters Inc (Rustans), eight months after the deal was first announced.

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