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08.16.04 12:00 Author: L.A. Phoenix, RealEstateGates.com

London, UK: Supermarkets group Sainsbury acquired Jacksons Stores


Jacksons Stores is convenience store chain consisting of 114 stores across Yorkshire and the North Midlands in UK, its turnover made up 143 million pounds in the financial year ending April 24, 2004.

Sainsbury is active in enlargement of its size in one of the fastest-growing markets of the retail sector. According to the company’s statement, no reduction of the staff and management is planned.

The value of net assets acquired by Sainsbury amounted 25.5 million pounds.

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