Big C, Tesco and Dairy Farm International Holdings have been linked to Carrefour assets in Singapore, Thailand and Malaysia.
Carrefour, the world’s second-largest retailer, is reported to be looking to sell its stores in the three Asian countries.
According to a report today (6 July) by Dow Jones Newswires, Big C Supercenter and Tesco are interested in Carrefour’s Thai assets, while the UK retail giant is also said to be eyeing Carrefour’s two stores in Singapore.
Dairy Farm, Japanese supermarket Aeon and Tesco are reported to be interested in Carrefour’s stores in Malaysia.
A source told Dow Jones Newswires that, if a single buyer emerges for stores in all three countries, “the deal will probably be wrapped up this year. If not, it could take a bit longer”.
Carrefour, Tesco and Dairy Farm refused to comment on the rumours. Big C and Aeon had not responded to queries at the time of writing.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData