Dairy Farm International Hldgs Ltd DF Partnership With Robinsons Receive PCC Approval (1570Y)
August 17 2018 - 5:26AM
UK Regulatory
TIDMDFI TIDMJAR TIDMJDS
RNS Number : 1570Y
Dairy Farm International Hldgs Ltd
17 August 2018
To: Business Editor For immediate release
The following announcement was issued today to a Regulatory
Information Service approved by the Financial Conduct Authority in
the United Kingdom.
DAIRY FARM'S PARTNERSHIP WITH ROBINSONS IN THE PHILIPPINES
RECEIVES COMPETITION COMMISSION APPROVAL
17th August 2018 - Dairy Farm International Holdings Limited is
pleased to announce that, on 16th August 2018, the combination of
its wholly-owned food retail business, Rustan Supercenters, Inc.,
with Robinsons Retail Holdings Inc. received the approval of the
Philippine Competition Commission. Completion of this transaction
is expected to take place in the next couple of months, at which
time a further announcement will be made.
Dairy Farm is a leading pan-Asian retailer. The Group, together
with its associates and joint ventures, operate over 7,400 outlets
- including supermarkets, hypermarkets, convenience stores, health
and beauty stores, home furnishings stores and restaurants -
employing over 200,000 people, and had total sales in 2017
exceeding US$21 billion. Dairy Farm International Holdings Limited
is incorporated in Bermuda and has a standard listing on the London
Stock Exchange, with secondary listings in Bermuda and Singapore.
It is a member of the Jardine Matheson Group.
- end -
For further information, please contact:
Dairy Farm Management Services Limited
Ian McLeod (852) 2299 1881
Neil Galloway (852) 2299 1896
Brunswick Group Limited
Kirsten Molyneux (852) 3512 5053
This and other Group announcements can be accessed through the
internet at 'www.dairyfarmgroup.com'.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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