X5 Retail together with co-owners of Siberian Krasny Yar and Slata chains, in which the retailer plans to acquire 70% of shares, established a company to manage these retail chains. Strategic management of the new company will be conducted by the board of directors, which will include representatives of X5 Retail and retail chains. Operational management will be conducted by the management of retail chains. Deal to acquire the stakes is still pending approval by the Federal Antimonopoly Service.