Bids are in for Carrefour’s southeast Asian assets

first_imgSunday 7 November 2010 8:00 pm Tags: NULL Share whatsapp whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Bids are in for Carrefour’s southeast Asian assets KCS-content TESCO and Singapore’s Dairy Farm are among those to submit second-round bids for French retailer Carrefour’s Southeast Asian assets, it emerged yesterday.Carrefour, the world’s second largest retailer, had set a November 5 deadline for second-round bids in an auction which is expected to fetch $1bn (£620m).The auction has generated strong interest, mostly from trader buyers, according to reports.The supermarket operator is selling its shops in Malaysia, Singapore and Thailand to focus on markets where it holds leading positions.Dairy Farm, which is backed by Jardine Mathseon, is interested only in Malaysian and Singapore assets, while Tesco was pursuing most of the assets up for grabs, reports suggest.The auction is run in two separate processes, one for Thai assets and the other for Malaysian and Singapore assets. One source said that French retailer Casino Group, Thai retailer Berli Jucker and Thai Central Group are in the fray for Carrefour’s Thailand assets. Show Comments ▼last_img

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