Carrefour SA logo Equities research analysts at JP Morgan Cazenove increased their price target on shares of Carrefour SA (OTC: CRERY) from $25.00 to $27.00 in a research note issued to investors on Thursday, AnalystRatingsNetwork.com reports.
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 ...
Carrefour S.A. (CA.FR) is in late-stage talks to sell its 25% stake in a Middle Eastern supermarket joint venture for as much as $500 million, Reuters reported Wednesday on its website, citing two people familiar with the matter.
DUBAI (Zawya Dow Jones)-- Majid Al Futtaim Holding , a malls and retail firm based in Dubai, is planning to sell a hybrid bond to finance its EUR530 million takeover of a regional joint venture with France's Carrefour SA, a senior executive said Thursday.