The negotiations with owners of Palink, the operator of the Iki retail chain, were reported by ICA Gruppen earlier on Friday.
ICA Gruppen emphasized that agreement on Iki chain had not yet been reached, adding that successful outcome of the talks cannot yet been predicted.
Some 44.35% of Palink's shares are owned by Germany's retail giant Rewe, 20% belong to Baltisches Haus and Swiss-registered Coop each, 10.5% are owned by Belgium's Eln. Fr. Colruyt and 5% by France's Unilec.