Additionally to weak share performance, recently Carrefour cut its dividend payments to shareholders after the dividend cut from �1.08 ($1.34), per year over the previous four years, to �0.52 ($0.64) per share regarding 2011 results.
On April 30 after the market closed, Sabanci Holding announced that they had acquired a 12% stake in CarrefourSa from Carrefour in exchange for TRY141mn, thereby increasing its stake to 50.8%. Consequently, Sabanci Holding has become the controlling ...
The biggest retailer in France and the second-largest one by sales worldwide - Carrefour SA made an official announcement today, posting a revenue for the first quarter of the financial year that matches analysts' forecasts.
The purchase from Klepierre SA adds malls spanning about 476,000 square meters (5.1 million square feet) in France, Spain and Italy, the Boulogne Billancourt, France-based company said today in a statement.