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E-mart to acquire US food retailer Good Food Holdings for $270m

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South Korean retail giant Shinsegae’s discount store chain E-mart said Friday that it is acquiring US food retailer Good Food Holdings for $270 million, the company’s first acquisition of an overseas company. E-mart said the acquisition is aimed at stabilizing its business operation in the US and expanding its presence in the country. Good Food Holdings runs three fresh food and beverage brands: Bristol Farms, La

E-mart to acquire US food retailer Good Food Holdings for $270m