Mega Retail unit Dr. Baby gets receiver; acquisition offers sought

By Caroline Salls

Pittsburgh, July 28 – Alon Blue Square Israel Ltd. said a temporary receiver has been appointed for Mega Retail subsidiary Dr. Baby Marketing and Distribution 888 Ltd. following an application to the District Court by Mega Retail and Dr. Baby for a freeze on proceedings.

According to a news release, the court authorized the temporary receiver to solicit offers to acquire the activities and assets of Dr. Baby.

Based in Rosh Ha’Ayin, Israel, Alon owns and operates supermarkets and specialty stores.

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