It’s a Deal: Carrefour Buys Cora Out of Romania

2023-04-25 22:47:23

yesterday, 23:47

By

Cristina Rosca

French-held Carrefour group will take over rival Cora’s operations in Romania in the largest deal in local retail in the last few years, put at EUR70 million to EUR90 million, several sources told ZF. The two parties had not returned ZF’s calls for comment on the agreement and the motivation behind the sale and acquisition by the time the story was ready for posting.

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