Carrefour's Acquisition of Dia France Approved by the Competition Authority
November 21 2014 - 5:10AM
Business Wire
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 CarrefourThe 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
CarrefourGroup Communications, Tel: +33 (0) 1 41 04 26
17Investor relations, Tel: +33 (0) 1 41 04 26 00
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