Puregold explained that the deal covered 14 DiviMart supermarkets, including leasehold improvements, furniture, fixtures, equipment, and merchandise inventory.
Puregold Price Club Inc., the grocery chain of businessman Lucio Co, on Wednesday said it has entered into an agreement with the owners of DiviMart to acquire 14 DiviMart Supermarkets, or almost half of the stores of the grocery chain. The deal with owners Harry Uy and Vivian Ong Juanitas…