OREANDA-NEWS. October 27, 2011. TPG Capital, European Bank of Reconstruction and Development (EBRD) and VTB Capital have closed the transaction of redemption of share held by Svoboda Corporation in Lenta Ltd.

As a consequence thereof, all the judicial and other trials concerning management of the hypermarkets’ chain "Lenta", including those concerning the activity of Lenta’s management before the deal, finally came to an end.

The transaction, as well as solving of all the related disputes will provide for stability in the structure of shareholders, and withdraw all the questions relating to management of "Lenta" company. In its turn, Lenta’s management, completely supported by its Board of directors and the shareholders, is confidently looking into the company’s future, and is ready to apply their the best effort for further business development.

Company "Lenta" thanks its employees, suppliers and clients for their kindest support.