- June 24, 2021
- Posted by: Stratford Team
- Category: Business
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By Ian Walker
X5 Retail Group NV said Thursday that it is reviewing options for a restructuring of its digital business into a separate unit within the group, as part of its 2021-2023 strategy.
The Russian food retailer said options being considered include attracting public market investors, establishing a strategic partnership and growing the businesses organically.
An in-depth review of options is expected to be completed this year, it said.
The digital business includes the Vprok.ru Perekrestok online hypermarket, express e-grocery services and the Okolo platform.
Write to Ian Walker at ian.walker@wsj.com
