11/20/2012

Indonesia

Carrefour and CT Corp reorganize their partnership in Indonesia

Continuing its strategy of refocusing on its core activities, Carrefour Group announces today the sale of its 60% stake in Carrefour Indonesia to its local partner, CT Corp, which thus becomes Carrefour's exclusive franchisee in the country. The transaction is valued at €525 million.

Download the press release of the 11 20 2012 (pdf 68.61 KB)

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