Yandex is in talks to buy a network of expensive supermarkets Azbuka Vkusa, The Bell reports citing industry sources.

The point of the deal is synergy with grocery delivery service Yandex.Lavka, the publication writes. "Lavka is actively developing the segment of sales of ready-made food, in which Azbuka vkusa is the strongest among other store chains. Due to this the company can quickly increase the turnover of the service. In addition, the deal will help to reduce purchasing prices for "Lavka" by combining purchases with a large retailer.

One of the largest shareholders of "Azbuka Vkusa" is Roman Abramovich, who recently is also a minority shareholder of "Yandex". Analysts estimate the market value of "Azbuka Vkusa" at up to 20 billion roubles.

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Author: Karina Kamalova