Filed under: Wal-Mart (WMT), Private equityThere was some intrigue recently in Paris as Luc Vandevelde, the chairman of Carrefour SA, decided to quit. Actually, this was not the only post he left. He also departed as the chief of Citra, which is an investment firm for the wealthy Halley family (who own 13% of Carrefour).In the meantime, two private equity firms -- Groupe Arnault and Colony Capital -- have purchased a 9.8% stake in Carrefour.No doubt, something is afoot. And it's a pretty good bet that Carrefour will not be an independent company for long.Carrefour is Europe's largest retailer, with more than 947 locations, and the second largest retailer in the world after Wal-Mart Stores, Inc. (NYSE:WMT). Unfortunately, the company has had troubles dealing with the onslaught of ...
Categories
- About Flood Insurance
- Allstate Insurance Claim
- Articles
- Blogroll
- Commercial Vehicle Insurance
- Credit Insurance Company
- Directories
- Disability Benefits Insurance
- Friends
- Gadgets
- Home Insurance
- House Insurance
- In Car Insurance
- In Dental Insurance
- Insurance Claims
- Insurance Companies
- Insurance News
- International Health Insurance
- Liability Insurance
- Life Insurance
- Medical Insurance
- Pet Insurance
- Progressive Insurance
- Reinsurance
- State Farm Insurance
- Sun
- Taxes
- Travel Insurance
- Usefull Resources
- Whole Life Insurance
Search
Latest
- Ex-Cologne Re exec was told deal involved no risk
- House again fails to override Bush’s SCHIP veto
- Blue Cross proposes fix for uninsured Americans
- Dodd urges Senate flood insurance action
- Congress approves bill to expand FMLA for military families
- EU adopts major energy, climate change plan
- Ambac posts $3.3 billion loss
- Reinsurer moves carbon trading desk to London
- Berkshire buys stake in Swiss Re
- Risk issues top WEF agenda

Responses to 'Carrefour buyout?'