BFW 04/07 16:12 *MOTIER BUYS 6.1% STAKE IN CARREFOUR
BN 04/07 16:11 *MOTIER BUYS 6.1% STAKE IN CARREFOUR
BN 04/07 16:11 *MOTIER BUYS 6.1% STAKE IN CARREFOUR
MORE: Motier Buys 6.1% Stake in Carrefour Valued at EU1.29B
2014-04-07 16:26:00.951 GMT
By Vidya Root
April 7 (Bloomberg) -- The holding company of the Moulin
family said in an e-mailed statement that it bought 44.2 million
shares, or 6.1%, of Carrefour.
* The stake is valued at 1.29 billion euros at Carrefour’s
current share price of 29.16 euros
* The investment is strategic and for the long term, the
statement said
* It reflects confidence in Carrefour’s potential for growth,
it said
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To contact the reporter on this story:
Vidya Root in Paris at +33-1-5365-5018 or
vroot@bloomberg.net
To contact the editor responsible for this story:
Vidya Root at +33-1-5365-5018 or
vroot@bloomberg.net
2014-04-07 16:26:00.951 GMT
By Vidya Root
April 7 (Bloomberg) -- The holding company of the Moulin
family said in an e-mailed statement that it bought 44.2 million
shares, or 6.1%, of Carrefour.
* The stake is valued at 1.29 billion euros at Carrefour’s
current share price of 29.16 euros
* The investment is strategic and for the long term, the
statement said
* It reflects confidence in Carrefour’s potential for growth,
it said
Story Link:NSN N3O5426K50YF<GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Vidya Root in Paris at +33-1-5365-5018 or
vroot@bloomberg.net
To contact the editor responsible for this story:
Vidya Root at +33-1-5365-5018 or
vroot@bloomberg.net