Kviza-Trade seeks minority partner

Daily Kommersant reported today that retailer Kviza-Trade, trade operator of Retail Group (RTGR), which manages the Velyka Kyshenya supermarket chain, is searching for a buyer for a large minority stake for USD 200-250 mln. The article said the move will allow the company to meet debt payments of about USD 150 mln. Kviza-Trade controls 48 Velyka Kyshenya stores in Ukraine and seven in Moldova.