9th Jan 2006 07:01
DSG International PLC09 January 2006 9 January, 2006 DSG INTERNATIONAL PLC ACQUIRES MARKANTALO TO CREATE MARKET LEADERSHIP POSITION IN FINLAND DSG international plc (DSGi), Europe's leading specialist electrical retailer,today announces the acquisition of the 26-store portfolio of Markantalo, thenumber two electrical retailer in Finland from a consortium of shareholders fora maximum total cash consideration of €49 million. Together with Gigantti,DSGi's existing operations in Finland, the transaction will create a 40-strongstore chain in addition to franchise operations and will make DSGi the marketleader in Finland. Completion of the acquisition is expected to take place on 1March 2006. As previously advised, DSG international plc will issue its interim results andChristmas trading statement at 7.00am, January 18th, 2006. - Ends - More information: Hamish Thompson, Director of media relations, +44 (0) 1727 203195 / +44 (0) 7702 684290David Lloyd-Seed, Director of investor relations, +44 (0) 1727 205065 About DSG international plc DSG international plc is Europe's leading specialist electrical retailing groupwith operations in fourteen countries. DSG international has more than 1,400 stores across the UK, Ireland, the Nordiccountries, France, Spain, Italy, Hungary, the Czech Republic, Greece and Polandand employs 40,000 staff. It trades as Dixons, Currys, PC World and The Link in the UK and Ireland, Elkjopin the Nordic countries, PC City in Spain, France, Italy and Sweden, UniEuro inItaly, Electro World in Poland, Hungary and the Czech Republic and Kotsovolos inGreece. The Group specialises in the sale of high technology consumer electronics,personal computers, domestic appliances, photographic equipment, communicationproducts and related financial and after sales services. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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