Egyptian Distribution Group: Difference between revisions
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{{Short description|Supermarket chain in Egypt}} |
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The '''Egyptian Distribution Group''' is a supermarket chain in [[Egypt]].<ref name="bloomberg">[ |
The '''Egyptian Distribution Group''' (a.k.a. '''Edge'''<ref name="thetimesdeidre">Deidre Hipwell, [http://www.thetimes.co.uk/tto/business/industries/retailing/article4425425.ece How Sainsbury’s Egyptian adventure turned into a pyramid of trouble], ''The Times'', 29 April 2015</ref>) is a supermarket chain in [[Egypt]].<ref name="bloomberg">[https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=20480648 Egyptian distribution Group S.A.E], ''Bloomberg Business''</ref> It is headquartered in [[Giza]], Egypt's third largest city.<ref name="bloomberg"/> |
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==History== |
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The company is chaired by Egyptian businessman [[Amr el-Nasharty]].<ref name="cityamjessica">Jessica Morris, [http://www.cityam.com/214780/four-figures-behind-sainsburys-boss-egypt-row Sainsbury's vs Egypt: The four key numbers behind Mike Coupe's legal row], ''City A.M.'', 29 April 2015</ref> It was formerly a subsidiary of [[Sainsbury's]],<ref name="bloomberg"/> as Sainsbury's acquired 25% in March 2009 and 80% by December 2009.<ref name="cityamjessica"/> However, they sold their stake back to Nasharty in 2001.<ref name="cityamjessica"/> |
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==References== |
==References== |
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[[Category: |
[[Category:Supermarkets of Egypt]] |
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[[Category:Conglomerate companies of Egypt]] |
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Latest revision as of 00:44, 28 July 2021
The Egyptian Distribution Group (a.k.a. Edge[1]) is a supermarket chain in Egypt.[2] It is headquartered in Giza, Egypt's third largest city.[2]
History
[edit]The company is chaired by Egyptian businessman Amr el-Nasharty.[3] It was formerly a subsidiary of Sainsbury's,[2] as Sainsbury's acquired 25% in March 2009 and 80% by December 2009.[3] However, they sold their stake back to Nasharty in 2001.[3]
References
[edit]- ^ Deidre Hipwell, How Sainsbury’s Egyptian adventure turned into a pyramid of trouble, The Times, 29 April 2015
- ^ a b c Egyptian distribution Group S.A.E, Bloomberg Business
- ^ a b c Jessica Morris, Sainsbury's vs Egypt: The four key numbers behind Mike Coupe's legal row, City A.M., 29 April 2015
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