21.11.2014 11:10:00
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Carrefour's Acquisition of Dia France Approved by the Competition Authority
Regulatory News:
Carrefour (Paris:CA) has received the approval of the Competition Authority to acquire Dia France. This decision marks a positive step in the completion of the purchase of Dia France's activities.
This acquisition will allow Carrefour to continue its multiformat expansion in its domestic market.
This approval is the result of a constructive dialogue with the Competition Authority. Under the agreement, Carrefour will acquire more than 800 stores and must then separate from 56 stores.
The transaction should be completed in the coming weeks.
About Carrefour
The Carrefour Group is the leading
retailer in Europe and the second-largest retailer in the world,
employing nearly 365,000 people. With more than 10,600 stores in more
than 30 countries, it generated revenues of €100.2 billion under banners
in 2013.
As a multi-local, multi-format, and multi-channel
retailer, Carrefour is a partner for daily life. Every day, it welcomes
more than 10 million customers around the world, offering them a wide
range of products and services at fair prices.
For more
information: www.carrefour.com
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