ARThe supermarket chain Dia has initiated a process to find a buyer or partner for its operations in Argentina, entrusting bank Santander with the search. This follows a similar attempt by Carrefour, which abandoned its sale plans in 2025 due to pricing disagreements. Dia, controlled by Russian investor Mikhail Fridman’s fund LetterOne, operates in Argentina alongside Spain, with CEO Martín Tolcachir, a former Carrefour executive. The company, established in the late 1990s, operates over 1000 stores and employs nearly 8000 people. Recent annual reports show a 15.1% decline in sales in Argentina, attributed to domestic consumption contraction. While no buyers have been identified yet, market analysts expect regional players, investment funds, or local groups interested in scaling up in a fragmented retail sector.
Bias read (Center): The article presents factual information about Dia's potential sale without overtly favoring any political side. It provides balanced context by referencing both past attempts (Carrefour) and current economic conditions, without taking a clear ideological stance. The focus remains on business and市场动
