UK’s Tesco Plc, Japan’s Aeon Co, Hong Kong’s Dairy Farm International Holdings Ltd and Thailand’s Big C Supercenter Pcl may be putting in bids for Carrefour SA’s Malaysia, Singapore and Thailand assets, Bloomberg reported, quoting sources.It also said South Korea’s Lotte Group was earlier approached to make a bid.
According to the sources, Carrefour has approached potential buyers and may ask for bids by early September and the combined operations could fetch US$800mil to US$1bil. Full Story
