British and Japanese retail giants along with local operators are in an auction battle to take over the Southeast Asian business of French supermarket chain Carrefour, reports said Thursday.
Shoppers are seen near an outlet of the French supermarket chain Carrefour in Kuala Lumpur. British and Japanese retail giants along with local operators are locaked in an auction battle to take over the Southeast Asian business of the French supermarket operator.
Britain's Tesco is among more than 10 bidders for Carrefour's assets in the region, which total 61 stores in Malaysia, Singapore and Thailand, the Financial Times said.
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About the author
- Writer: AFP News agency
- Position: Agence France-Presse
