Carrefour would prepare the sale of the "Ed - Dia" stores
France
Monday 22 November 2010
Carrefour is about to sale all its hard-discount sector: Ed and Dia stores
Carrefour, the No. 2 worldwide in distribution, would consider selling the Ed-Dia that is 6,000 stores worldwide.
According to information from business magazine Challenges, Carrefour gave a mandate “strategic audit” at the BNP Paribas bank for its entire hard-discount sector.
The study should determine the possible sale. Already mentioned in 2007, the value reached 4 billion euros.
The discount industry, Ed-Dia, has 950 stores in France and in worldwide more than 6,000 in 8 countries.
source: challenges, the forum