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Philippine retailer Robinsons to acquire 90 percent of Savers Electronic World

( September 2, 2015, 08:34 GMT | Official Statement) -- MLex Summary: Robinsons Retail Holdings, through its wholly-owned subsidiary Robinsons Incorporated, has entered into a partnership with Saver’s Appliance Depot, owned and operated by Savers Electronic World, Inc. The deal will give Robinsons Retail 90-percent ownership of Saver’s Appliance Depot, one of the top 10 consumer electronics and appliance companies in the Philippines. Robinsons Retail Holdings, the second-largest multi-format retailer in the Philippines, did not disclose the financial terms of the deal. The company's statement is attached....

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