Bloomberg News

Jeronimo Martins Isn’t Interested in Emperia Polish Retail Chain

September 21, 2011

Sept. 21 (Bloomberg) -- Portugal’s Jeronimo Martins SGPS SA isn’t interested in the retail chain of Polish consumer-goods distributor Emperia Holding SA, Rita Fragoso, a spokeswoman for the Portuguese retailer said in an e-mailed response.

The operation “would not be an interesting operation for us as the number of overlapings is very high and this would not be complementary to our current network,” she said.

PAP newswire reported Sept. 16 Jeronimo Martins may bid for the Polish chain, citing Pedro Pereira da Silva, head of Jeronimo Martins’ Polish unit.

To contact the reporter on this story: Henrique Almeida in Lisbon at halmeida5@bloomberg.net

To contact the editor responsible for this story: Anabela Reis at areis1@bloomberg.net


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