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Published 1 year ago

French DIY retailer Leroy Merlin to transfer ownership of Russian business to management

Summary by Reuters
French DIY retailer Leroy Merlin, which employs 45,000 people in Russia, intends to hand over ownership of operations in the country to local management, its parent company ADEO said on Friday. Leroy Merlin is owned by the Mulliez family, which is also behind French sporting goods chain Decathlon and food retailer Auchan, both of which continue to operate in Russia.

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