Monday, 09 July 2007

UPDATE 1-Chile retailers agree to $138 mln Peru joint venture

(Reuters) - In statements to the Chilean stock exchange, they said
Malls Peru, a unit of Falabella, and Padebest Peru, a unit of
Ripley, would each have a 40 percent stake in the tie-up.




The remaining 20 percent would be held by a subsidiary of
another Chilean retailer, Plaza Oeste, owned by Mall Plaza.


Read more at Reuters.com Market News

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