Sources: Numerous retailers bid for Carrefour's Asian assets

09/1/2010 | Reuters · Guardian (London), The · Reuters

Sources say Britain's Tesco, France's Casino Guichard Perrachon, Japan's Aeon and Malaysia's Navis Capital Partners are among the retailers bidding for Carrefour's Asian assets, which are valued at roughly $1 billion. Carrefour is exiting Thailand, Singapore and Malaysia to focus on other markets, sources said. The first round of bidding reportedly drew more than 10 suitors.

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Reuters · Guardian (London), The · Reuters

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