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CVC to buy Polish retail chain Zabka from Mid Europa: Reuters

Private equity fund CVC Capital Partners [CVC.UL] has agreed to buy Zabka Polska SA, one of Poland’s biggest chains of convenience stores, from Mid Europa Partners, CVC said on Tuesday.

CVC did not disclose the price paid. Earlier analysts had expected Zabka, which has 4,500 franchised shops, to be worth up to 1.5 billion euros ($1.58 billion). Mid Europa bought Zabka in 2011 for 400 million euros.