Monday, October 25, 2010

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Central Group interested in buying Carrefour Thailand

The Central Group has reaffirmed its interest in buying Carrefour Thailand, in competition with Casino (owner of Big C Supercentre) Berli Jucker and (BJC). Carrefour operates about 43 hypermarkets in Thailand, but announced his decision to withdraw from the Thai market.


After removal of the oil company PTT, Central Group is the favorite account given its position and experience in distribution. Local activities Carrefour valued by some analysts at about 745 million euros.
Britain's Tesco and Japan's Aeon were excluded according to reports from The Wall Street Journal.

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