August 22, 2017 / 5:52 AM / 3 months ago

BRIEF-Eurocash signs LOI to buy Mila retail network

Aug 22 (Reuters) - EUROCASH SA:

* SAID ON MONDAY THAT IT SIGNED LETTER OF INTENT ON POTENTIAL ACQUISITION OF 100 PERCENT STAKE OF DOMELIUS LIMITED IN NICOSIA AND ON TAKING CONTROL OVER ITS UNITS MILA HOLDING SA, INVESTPOL 700 MILA S.A.J. AND „KOJA-MILA SPOLKA AKCYJNA” S.J.

* AT END OF 2016 MILA BRAND RETAIL NETWORK CONSISTED OF 188 SHOPS

* UNDER LOI CO HOLDS EXCLUSIVITY ON FINALIZING TRANSACTION TILL SEPT. 8 Source text on Eikon:

Further company coverage: (Gdynia Newsroom)

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