PropertyEU

Carrefour shareholder opposes plans to spin off property arm

By A staff reporter 2011-04-18T00:00:00

Investor advisory group Deminor has joined the opponents of French hypermarket chain Carrefour's plans to spin off its Dia discount stores and 25% of its Carrefour Property units. The minority shareholder said the spin-off of some of Carrefour's key assets would dismantle the French retailer.

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