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Stock Market & Financial Investment News

News Breaks
June 20, 2014
15:22 EDTCRRFYCarrefour in pact to acquire DIA France
Carrefour announces, as part of an exclusivity agreement with DIA, the signature of a put option with a view to acquire DIA France for an enterprise value of EUR600M. DIA France recorded sales under banners of EUR2.3B in 2013. The completion of the transaction is subject to the signature of final agreements following consultations with DIA France’s employee representative bodies and to the approval of the relevant antitrust authorities.
News For CRRFY From The Last 14 Days
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March 19, 2015
11:17 EDTCRRFYCarrefour to open Algiers location by end of June, Reuters says
Carrefour plans to open a "hypermarket" in Algiers by the end of June, reports Reuters, citing a source close to the matter. The source says the store will be a joint venture between the company and Algeria, with Carrefour Tunisia owning 70% and the state owning 30%. Reference Link

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