date:Dec 17, 2013
ill help Carrefour in its drive to renovate 150 of its 220 French hypermarkets over three years as it fights to lure back lost customers.
In October Carrefour said its hypermarkets in its main French market had returned to underlying sales growth for the first time in 5-1/2 years in the third quarter.
The deal, which is subject to a final agreement between the parties and regulatory approval, will have no impact on Carrefour's debt ratios, Plassat said on a conference call.