DFI Retail Group sells 22.2% stake in Robinsons Retail

HONG KONG - DFI Retail Group Holdings Limited (DFI) has completed the sale of a 22.2% share in Robinsons Retail Holdings, Inc. (RRHI), corresponding to 315,309,310 common shares. The divestiture, announced on May 30, 2025, marks a strategic shift for DFI as it transitions from a portfolio investor to a focused operating company.

The Group first acquired a significant minority stake in RRHI in 2018 through a share-for-share swap with Rustan Supercenters, Inc. The recent sale is part of DFI’s strategy to streamline its investment portfolio and reallocate funds to bolster growth and returns in its subsidiary businesses.

Post-divestment, DFI plans to review the allocation of proceeds to support initiatives such as digital retail media expansion, innovation in own-brand products, and enhancement of omnichannel capabilities in its key markets. Despite the sale, DFI maintains confidence in RRHI’s long-term prospects, particularly in the continued success of the exclusive distribution of Meadows and Guardian brands in the Philippines.

Scott Price, Group Chief Executive of DFI Retail Group, expressed gratitude to the Robinsons Retail team for their dedication and partnership, emphasizing the importance of their collaboration in expanding DFI’s presence in the Philippines. Price also highlighted the significance of the transaction in DFI’s evolution and the focus on strategic growth and shareholder returns.

The shares were sold through a special block sale on the Philippine Stock Exchange, with the pricing based on current market conditions and strategic considerations.

DFI Retail Group is a prominent Asian retailer with over 10,700 outlets operated by the Group, its associates, and joint ventures, employing more than 190,000 people. In 2024, the Group reported annual revenue of $24.9 billion, with $8.9 billion generated by subsidiaries. The Group operates across multiple divisions, including health and beauty, convenience, food, home furnishings, and restaurants.

The information in this article is based on a press release statement.

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