Auchan to invest in Portugal

The retail group will invest about 600 mln eur in Portugal over the next three years as part of an expansion plan.

The group plans to expand its Pao de Acucar supermarkets,
Jumbo hypermarkets, fuel stations and drugstore network. Auchan supermarkets
and hypermarkets compete with Sonae SGPS' and Jeronimo Martins SGPS stores.