US EditionCarrefour Said to Tap Rothschild for Potential Italy Unit Sale
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4 Articles
Business banks in the field to probe buyers: from Mercadona to Lidl, possible buyers at 1200 points of sale and 18 thousand employees of the French group
Carrefour Said to Tap Rothschild for Potential Italy Unit Sale
Carrefour SA is working with Rothschild & Co. on a potential sale of its Italian operations, people familiar with the matter said, as the French grocery group seeks to deliver on a strategic review of assets.
Carrefour would be evaluating the exit from Italy with the sale of the network that counts about 1200 points of sale, of which 980 in franchising, and 18 thousand employees, between direct and indirect. The French group, according to what reconstructs the Corriere della Sera, would have entrusted Rothschild the task of probing the market in search of potential buyers. The operation would fall within the framework of a strategic revision of the a…
The major French supermarket group Carrefour is considering selling its Italian division, sources told Bloomberg. Carrefour has nearly 1,200 stores in Italy, including large supermarkets, convenience stores, and wholesalers. Italy is the company's largest market after France, Brazil, Spain, and Belgium.
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