ASIA: Carrefour "shortens bidder list"
According to the Wall Street Journal, the remaining bidders reportedly include Carrefour's French peer Casino and PTT PCL, an energy company that has convenience stores at its gas stations.
Other bidders are Thai retailers Big C, which Casino part owns and Central Group, as well as Thai FMCG firm Berli Jucker Pcl.
While Carrefour has remained tight-lipped on its plans, it reportedly put its stores in Malaysia, Singapore and Thailand up for sale in July, in a disposal that could raise US$1bn for the French retailer.
just-food's headlines were this week dominated by the Europe's largest retailers, with Carrefour, Tesco, Ahold and Delhaize all making key announcements. While Tesco welcomed a new chief executive, Fo...
- 10 Things to Learn - JBS's acquisition of Moy Park
- M&A Watch - ConAgra should divest Commercial Foods
- How the CGF plans to halve global food waste
- What lies behind Ferrero's move for Thorntons?
- Focus: Will synergies lift Ahold Delhaize in US?
- General Mills to axe 675-725 jobs
- CMA "accepts" Muller's revised Dairy Crest offer
- 7-Eleven launches premium private label lines
- ConAgra confirms private label exit
- Kellogg eyes trends with product launches