Penny Posted November 8, 2018 Share Posted November 8, 2018 I see on Newsroom Panama that a large Peruvian corporation has purchased controlling interest in El Rey Supermarkets and that big changes are expected. Since El Rey owns controlling interest in our local supermarket Romero's, does that mean we should expect big changes in the local super? Quote Link to comment Share on other sites More sharing options...
Keith Woolford Posted November 8, 2018 Share Posted November 8, 2018 (edited) The NP story is factually incorrect. Corporacion Favorita is an Ecuadorian company which purchased 60% of the shares of Grupo REY. https://es.wikipedia.org/wiki/Corporación_Favorita https://impresa.prensa.com/panorama/Grupo-Rey-vendera-acciones_0_5163233731.html Edited November 8, 2018 by Keith Woolford Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted November 8, 2018 Moderators Share Posted November 8, 2018 Here is a link to the posting from the newspaper: Quote Link to comment Share on other sites More sharing options...
Keith Woolford Posted November 8, 2018 Share Posted November 8, 2018 According to the Panamanian press the story from NP is factually inaccurate. Quote Link to comment Share on other sites More sharing options...
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