Recent events
Recent events tied to this brand in public sources.
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2021
VTB Group announces sale of its Magnit stake
VTB Group announced the sale of approximately 17.28% of Magnit shares through an offering and a private sale to Marathon Group; the announcement says the transaction would fully divest VTB Group's stake in Magnit.
2021
Magnit completes acquisition of DIXY
Magnit completed its acquisition of the DIXY retail chain. Its operating subsidiary acquired 100% of the shares in DIXY Holding Limited; the acquired retail business included stores operating under the DIXY and Megamart brands.
2021
Magnit receives FAS approval for DIXY acquisition
Magnit announced that it received approval from Russia's Federal Antimonopoly Service for its acquisition of 100% of the shares of DIXY Holding Limited. The approval prescription excludes 142 DIXY convenience stores in 53 municipalities from the deal perimeter.
2021
Magnit launches delivery from Magnit Cosmetic stores
Magnit announced the launch of its express delivery service from Magnit Cosmetic stores in Russian regions. The service was available in eight cities, with six more cities expected to be connected by the end of the month, and the project was launched in partnership with Yandex.Eda.
2021
Magnit and Dagestan sign cooperation agreement
Magnit and the Government of the Republic of Dagestan signed a cooperation agreement covering Magnit's planned retail development in the region and cooperation with local producers.
2021
Magnit announces planned entry into Dagestan
Magnit announced plans to enter the Dagestan market by opening around 180 stores in the region over the next five years, including about 120 convenience stores and about 60 Magnit Cosmetic stores. The first store was planned to open in Makhachkala in July 2021.
2021
Magnit opens its first dark stores
Magnit opened two pilot warehouse stores in Moscow that serve online orders only and are used for express delivery within one hour.