Last checked at 17 Aug 2018 10:26
To: Business Editor For immediate release
The following announcement was issued today to a Regulatory Information Service approved by the Financial Conduct Authority in the United Kingdom.
DAIRY FARM'S PARTNERSHIP WITH ROBINSONS IN THE PHILIPPINES RECEIVES COMPETITION COMMISSION APPROVAL17th August 2018 - Dairy Farm International Holdings Limited is pleased to announce that, on 16th August 2018, the combination of its wholly-owned food retail business, Rustan Supercenters, Inc., with Robinsons Retail Holdings Inc. received the approval of the Philippine Competition Commission. Completion of this transaction is expected to take place in the next couple of months, at which time a further announcement will be made.Dairy Farm is a leading pan-Asian retailer. The Group, together with its associates and joint ventures, operate over 7,400 outlets - including supermarkets, hypermarkets, convenience stores, health and beauty stores, home furnishings stores and restaurants - employing over 200,000 people, and had total sales in 2017 exceeding US$21 billion. Dairy Farm International Holdings Limited is incorporated in Bermuda and has a standard listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore. It is a member of the Jardine Matheson Group.
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For further information, please contact:
Dairy Farm Management Services Limited
Ian McLeod (852) 2299 1881Neil Galloway (852) 2299 1896
Brunswick Group Limited
Kirsten Molyneux (852) 3512 5053
This and other Group announcements can be accessed through the internet at 'www.dairyfarmgroup.com'.