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. Last Updated: 07/27/2016

X5 Sees Paterson Deal by Year-End

X5 Retail Group will seek to reach agreement by year-end on purchasing the 80-store Paterson chain after gaining regulatory approval last month to buy into the company, CEO Lev Khasis said Tuesday.

“If we manage to agree with Paterson’s owners, then the transaction will be realized,” Khasis said.

(Bloomberg)