UPDATE 1-Germany’s Kaufland surprises with no-expansion plans for Australia
German supermarket chain Kaufland
has cancelled its plans to expand to Australia and will
concentrate on its European core markets instead, local media
reported, surprising analysts and sending shares of local peers
sharply higher.
has cancelled its plans to expand to Australia and will
concentrate on its European core markets instead, local media
reported, surprising analysts and sending shares of local peers
sharply higher.
Posted by Reuters
