PRAGUE Dec 9 Czech investment groups PPF and
Emma Capital have sold their Russian electronics retailer
Eldorado to Russian company Safmar, PPF said on Friday.
No financial details were given.
Russian media reported earlier this year that PPF and Emma
Capital were in talks with multiple parties to sell the
retailer, which has more than 600 shops in over 200 Russian
PPF, Czech tycoon Petr Kellner's investment group, owned 80
percent of Eldorado, with Emma Capital owning the rest after PPF
sold it a stake in 2014.
(Reporting by Jason Hovet; Editing by Greg Mahlich)