Turkiye’s Sabanci Holding Weighs CarrefourSA Divestment Amid Talks With Local Retail Rivals
4 Articles
4 Articles
Following claims that it would transfer the CarrefourSA supermarket chain to A101, Sabancı Holding made a statement to the Public Disclosure Platform (KAP).
While claims that Sabancı Holding would sell its CarrefourSA stores to A101 and Anpagross caused a major stir in the markets, the holding company announced in a statement to the Public Disclosure Platform (KAP) that there was no concrete, binding, or finalized decision regarding the sale.
Turkiye’s Sabanci Holding Weighs CarrefourSA Divestment Amid Talks With Local Retail Rivals
One of Türkiye’s leading conglomerates, Sabanci Holding, has reportedly entered negotiations to sell its CarrefourSA supermarket and hypermarket operations to Turkish discount chain A101 and wholesale group Anpagross. The talks focus on a potential split of CarrefourSA’s retail portfolio, with A101 expected to acquire the supermarket segment and Anpagross eyeing the hypermarkets, business intelligence platform Mergermarket reported. While the re…
Following a meeting in October, Sabancı Holding accelerated its efforts to sell CarrefourSA and Teknosa. Merger Market announced that it is in talks to transfer CarrefourSA's supermarket and hypermarket network to A101 and Anpagross.
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