date:Mar 06, 2014
for top stakeholder Blue Capital, controlled by LVMH (LVMH.PA) CEO Bernard Arnault, and U.S. investment fund Colony Capital.
The stock has dropped back by 7.5 percent so far this year, amid concern the recovery in France might be losing steam while there are headwinds in emerging markets.
But the shares still trade at around 16.5 times 12-month prospective earnings, against 14.53 for Casino and 11.17 times for Tesco, according to Thomson Reuters data.