CarrefourSA interested in acquiring Tesco Kipa
CarrefourSA, the Turkish retailer, is interested in acquiring the Turkish retailer Tesco Kipa, according to a report in HaberTurk.
The Turkish-language report cited CarrefourSA GM Mehmet Nane as saying that there are more than 300 supermarket businesses looking to sell in the market, and CarrefourSA would talk to Tesco Kipa as well if they would be interested in selling.
CarrefourSA posted TRY 3.1bn (USD 1.203bn) in turnover in 2014 with a 20% increase on 2013, and was expecting to post a 30% increase in 2015. The recent acquisition of the Kiler Group will add TRY 1bn to its turnover.
Link to the original source
HaberTurk