Swedish group ICA Gruppen has decided to sell the Rimi store network in the Baltic States. It will be acquired by the Danish Salling Group, the largest retailer in Denmark. "The sale price of Rimi Baltic is estimated at EUR 1.3 billion.
Iveta Liniņa, Associate Professor at Turiba University, calls the sale of Rimi interesting and suggests that it is probably the geopolitical situation that has led the Swedes to take this decision. She recalled that recently the Swedish for...