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September 20, 2020

Patriciu in talks to sell Mic.ro to 7-Eleven

Romanian businessman Dinu Patriciu is in talks with Seven & I Holdings Co., which owns the 7-Eleven convenience-store franchise, to sell his Mic.ro chain, Romania Libera reported, citing unidentified people in the retail business. The talks began last autumn and may to be completed in March; Patriciu seeks to sell Mic.ro, which has overdue debts, to suppliers and banks. But Patriciu denies the sale and says that there would be a “refinancing”.

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