PropertyEU

Colony says Carrefour can raise EUR 30bn from property sell-off

By A staff reporter 2007-04-05T00:00:00

French supermarket operator Carrefour could raise more than EUR 30 bn from the sale of its property holdings, according to Thomas Barrack, founder of US private equity firm Colony Capital. This is way more than the French retailer says the holdings are worth. Colony and French billionaire Bernard Arnault last ...

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