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B&M buys French retailer Babou for 91.2 million euros

B&M European Value Retail S.A. (B&M) has announced the acquisition of French brand Babou for 91.2 million euros (80.5 million pounds). B&M group currently has a network of 591 discount stores under the B&M banner, as well as 269 low-cost Heron Food stores and 88 Jawoll outlets in Germany. Commenting on the announcement in a statement, CEO of...

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