DIA agrees to sell Argentina business to Dorinka

By Public Technologies
  • DIA agreed to sell 100% of Dia Argentina to Dorinka, controlled by Grupo de Narváez, for USD 40 million.
  • Total proceeds of approximately USD 53.8 million include USD 9 million in prepaid brand licensing fees and USD 4.8 million in intragroup repayments.
  • Closing is scheduled for November 12, 2026, with no conditions precedent.
  • The sale is expected to generate an estimated EUR 100 million accounting loss in discontinued operations for 2026.
  • The exit from Argentina will focus the group on Spain, where proceeds will primarily fund accelerated organic expansion.


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