date:Nov 01, 2012
Carrefour announces the sale of its operations in Malaysia for an enterprise value of EUR 250 million to Aeon, a major player in Japans retail sector.
The transaction is part of Carrefours strategy of refocusing on its core activities and allocating its resources to mature countries where it occupies strong and established positions and emerging markets where it has strong growth potential.
Present in Malaysia since 1994, Carrefour is the fourth-largest retailer in the country with 26 hypermar