date:Apr 22, 2013
value of around 300 million euros on Carrefour's stake in CarrefourSA.
We had a higher estimated value for DiaSA, but DiaSA constitutes only 1 percent of Sabanci Holding, thus it won't have any effect on the total valuation of Sabanci, Basak Dinckoc, an analyst at Istanbul-based Is Yatirim said.
DiaSA has more than 1,200 stores in Turkey, whereas CarrefourSA operates with 215 supermarkets and 28 hypermarkets.
Sabanci declined to comment on CarrefourSA.
Shares in Dia rose 2.3 percent while sh