29 de enero de 2015 / 16:53 / hace 2 años

Mexico's Soriana says to raise capital and sell assets

1 MIN. DE LECTURA

MEXICO CITY, Jan 29 (Reuters) - Mexican supermarket chain Soriana said on Thursday it would look to raise between $500 million and $600 million in capital and sell assets after announcing it would buy most of its rival Comercial Mexicana.

The company will look to sell between $100 million and $120 million of assets, Chief Executive Ricardo Martin told a conference call.

The two companies said on Wednesday that Soriana would buy 160 stores from Comercial Mexicana for $2.66 billion. (Reporting by Gabriela Lopez and Christine Murray)

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