Alma wants to sell part of the company to Leclerc

Alma Market filed a motion to approve the sale part of the company to Immomok, a subsidiary of Leclerc for PLN 94 million, the company said in a market filing. “The sale of an organized part of a business will allow you to obtain the most favorable price in bankruptcy and, moreover, it will secure the debtor's business from a possible decline in its value, and further reduce the costs of bankruptcy,” the filing said. It added that “it will allow for faster and more complete satisfaction of creditors and a significant reduction in the duration of insolvency proceedings.” Alma Market, which operated a number of supermarkets filed for bankruptcy back in February.