date:Mar 03, 2014
ree years.
TPG owns a 49.8% stake in Lenta. Russian bank VTB, which owns 11.7% of Lenta, has previously said it wants to sell by 2015.
Lenta has 77 hypermarkets in 45 cities across Russia. Lenta generated 110 billion roubles ($3.2 billion) in sales in 2012, which ranked it Russia's number five food retailer by revenue behind Magnit, X5, Dixy and O'Key.