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Robinsons Retail to acquire Ministop PH

GOKONGWEI-LED Robinsons Retail Holdings Inc. (RRHI) on Monday said it will fully own convenience store chain Ministop Philippines next month.

In a disclosure, RRHI said it will acquire the 40 percent share of Ministop Japan in Robinsons Convenience Stores Inc. — the local franchisee of Ministop — through its subsidiary, Robinsons Supermarket Corp.

UNDER NEW OWNERS A Ministop outlet in San Pedro, Laguna. Robinson’s Retail Holdings Inc. announced it will fully own the Philippine-based convenience store chain after fully acquiring the franchise’s shares. PHOTO BY AARON RONQUILLO