The investment group Penta has increased its stake in the Polish retailer EM&F group to 74.34 percent in partnership with Eastbridge. The transaction, worth CZK 950m, will be completed by mid-May. Eastbridge and Penta previously owned 60 percent in EM&F. For Penta, the acquisition is historically the largest investment. EM&F is a leading retailer of media and leisure goods, fashion, shoes, toys, cosmetics and language courses. It operates 750 outlets across Poland, Russa, Ukraine, the Czech Republic, Slovakia. Romania, Germany and Turkey. Its revenues reached €800m in 2011
