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Netto goes entirely to Edeka

Hamburg / Düsseldorf.Germany’s largest grocery retailer Edeka will in future be in charge of its budget chain Netto Marken-Discount. The retail giant will take over the Tengelmann Group’s remaining ten percent stake in the chain of stores on January 1, 2021, as Edeka and a Tengelmann spokesman announced on Thursday. Previously, the “Lebensmittel Zeitung” and the “Handelsblatt” had it

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