Mega at a Crossroads: To Sell Off Part of the Supermarket Chain, or to Ask for the Court’s Protection From Creditors

Mega is expected to release poor financial reports later this week, and is running out of time to find a solution to prevent suppliers from abandoning it.

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Facing a steep drop in sales and just before the release of its third-quarter financial results, Alon Blue Square, the owner of the Mega supermarket chain is at a crossroads – and will most likely have to...