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Thursday, 15 June 2023
Mexico City, Mexico, and Zug, Switzerland; 15 June 2023 – Grupo Alfar s.a. de c.v. (“Grupo Alfar”) and COFRA Holding AG today announced the proposed acquisition of C&A México, S. de R.L. (“C&A Mexico”) and its subsidiaries by Grupo Alfar. The transaction is subject to normal closing conditions, including approval from the Federal Commission of Economic Competition of Mexico (Comisión Federal de Competencia Económica).