Mid Europa Partners selling Poland’s Żabka chain

21 November 2016

Mid Europa Partners has put Poland’s leading convenience grocery chain, Żabka, on the market, reports the daily Puls Biznesu. The asking price is set at €1bn. The newspaper writes that interested buyers include leading private equity funds like TPG, which recently sold P3 Logistics Parks in Spain to Singapore’s sovereign wealth fund GIC. Other bidders are said to include KKR, Providence, Advent International, APAX, Warburg Pincus and CVC Capital Partners. Market sources say that some newcomers from Mexico (Oxxo), Canada and Asia have also showed interest in the Polish chain.

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