date:Mar 31, 2014
The Spanish companys shares rose as much as 2.1%, reversing earlier losses, and gained 1.9% to 6.47 at 3:20 p.m. in Madrid, valuing the company at 4.2 billion.
DIA, which had 7,328 stores worldwide at the end of 2013 including the Schlecker and Clarel outlets, is focusing on growth in markets such as Iberia, Argentina and Brazil, while closing stores in countries such as China. Last year, it sold its supermarket joint venture in Turkey to Yildiz Holding AS, ending a 14-year presence in the coun