Retail Giant Magnit to Buy Premium Supermarket Chain Azbuka Vkusa for $490M

Founded in 1998, Magnit is Russia’s second-largest retailer, operating nearly 31,500 food and home goods stores nationwide.

Apr 30, 2025 - 02:00
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Retail Giant Magnit to Buy Premium Supermarket Chain Azbuka Vkusa for $490M
Founded in 1998, Magnit is Russia’s second-largest retailer, operating nearly 31,500 food and home goods stores nationwide.

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