Deal Underscores Retail And Carrefour Potential

Looking to exploit forecast mass grocery retail (MGR) sales growth of 65% to 2014 and to explore synergies with its financial services and lifestyle businesses, Indonesia's Trans Corp has acquired a 40% stake in Carrefour Indonesia through subsidiary Para Group. Thought to have cost Para in the region of US$350mn, the partnership offers significant benefits to both protagonists, allowing them to maximise competitiveness in this dynamic and high-growth, but increasingly crowded,

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