Posted: Mon Mar 20, 2023 11:53am
Thank you Roland. I'm glad I asked now.
I checked out the information you sent me. Mikhail Friedman & his partner, both Russian, were co-founders of that investment company in Luxembourg but resigned when they were sanctioned & have no part in the company now.
However, I feel this is just a strategic move on their part, possibly temporary until the war is settled. I remain somewhat sceptical about a manoeuvre I suspect was designed to avert the worst effects for them of the sanctions imposed & won't be supporting Maxi Dia. I'm not convinced they are not benefitting from their association with the investment group.
Thank you for taking the trouble to enlighten me, I'm pleased I now know more about the origins of this supermarket chain.