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Cencosud
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Columbian Biz Is Sold by Carrefour to Chilean Firm Cencosud
Dec 14, 2012Carrefour announces the signing of an agreement with the Chilean group Cencosud for the sale of its operations in Colombia for an enterprise value of € 2.0 billion. This transaction is in line with Carrefour's new strategy of focusing ...
Tags: Colombia, Cencosud, leading position
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Cencosud Has Booked an Increase in Earnings for The Third Quarter of The Year
Dec 12, 2012Chilean retail giant Cencosud has booked an increase in earnings for the third quarter of the year. Net profit in the three months to the end of September grew 20% to CLP66.9bn (US$139.4m), the company reported today (20 November). The ...
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Carrefour Has Sold Its Malaysian Operations to Japanese Giant Aeon
Dec 10, 2012French retail giant Carrefour has sold its Malaysian operations to Japanese giant Aeon. The sale, announced today (31 October), was made for an enterprise value of EUR250m (US$324.1m). The transaction, Carrefour said, is part of its ...
Tags: Carrefour, retail giant, Aeon, transaction
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Carrefour Has Sold Its Stake in Its Venture in Indonesia
Dec 10, 2012Carrefour has sold its stake in its venture in Indonesia, the latest move to refocus its attention on a smaller number of markets worldwide. The Carrefour banner will still be present in Indonesia but the chain will be run on a franchise ...
Tags: stake, venture, local franchisee, exclusive franchisee
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Cencosud Has Set The Price at Which Shares in The Company Will Begin Trading in New York
Dec 10, 2012Chilean retailer Cencosud has set the price at which shares in the company will begin trading in New York. The company is offering a mix of shares and American Depository Shares as it looks to raise funds for expansion, to pay down debt ...