Carrefour plans EUR 3bn property IPO in 2008

By A staff reporter 2007-08-30T00:00:00

French retail giant Carrefour said Thursday it plans to sell off part of its enormous property portfolio via an Initial Public Offering (IPO) in 2008. The firm said it aims to raise EUR 3 bn from the bourse launch of its newly-created European real estate vehicle which will be called ...

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