Jan22
Carrefour to buy Indonesian retailer for $71 mn
on January 22nd, 2008 at 1:14 pmPosted In: News & Articles
21 Jan, 2008, 1329 hrs IST, REUTERS PARIS: Carrefour, the world’s second-largest retailer, said it has agreed to buy a 75 per cent stake in Indonesian group Alfa Retailindo for 674 billion Indonesian rupiahs ($71.47 million). The takeover comes as Carrefour continues its strategy to expand in fast-growing emerging markets, as it tackles competition and […] ↓ Read the rest of this entry…
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