COLOMBIA: Carrefour sells Colombian ops to Cencosud
By Katy Askew | 22 October 2012
French retailer Carrefour has struck a deal to sell its Colombian business to Chilean group Cencosud in an agreement valued at EUR2bn (US$3.2bn).
The company said that the transaction was "in line" with its strategy to focus on geographies in which it "holds or aims to develop a leading position".
Carrefour operates 72 hypermarkets, 16 convenience stores and four cash and carry outlets in the country, representing net sales excluding fuel of EUR1.5bn.
The transaction should be effective by the end of 2012, the company said.
Carrefour Indonesia PT in Retailing (Indonesia)
Being a long-established hypermarket in Indonesia, Carrefour is likely to continue its outlet expansion over the forecast period. By the end of review period, Carrefour started to extend its coverage toEastern Indonesia. Established cities on Java Is...
Carrefour in Belgium: Local Profile
This is a detailed report covering Carrefour’s store formats, private labels, history, key employees, and key financial and operational metrics in Belgium....
Carrefour in Italy: Local Profile
This is a detailed report covering Carrefour’ store formats, private labels, history, key employees, and key financial and operational metrics in Italy....