Lotus's owner CP Axtra to acquire The Food Purveyor for RM1.66bil

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KUALA LUMPUR: CP Axtra Public Co Ltd has announced to the Stock Exchange of Thailand that its wholly-owned subsidiary Lotus's Stores (Malaysia) Sdn Bhd will acquire supermarket chain operator The Food Purveyor Sdn Bhd for RM1.66bil from private equity firm Navis Capital. Read full story