Carrefour S.A. is a French multinational retailer headquartered in Boulogne Billancourt, France, in the Hauts-de-Seine Department near Paris. It is one of the largest hypermarket chains in the world with 12,300 self-service shops at the end of 2016. Carrefour operates in more than 30 countries in Europe, the Americas, Asia and Africa. Carrefour means "crossroads" in French. The company is a component of the Euro Stoxx 50 stock market index.
PARIS: Carrefour SA has agreed to sell an 80% stake in its China unit for 4.8 billion yuan ($698 million) in cash to local retailer Suning.com Co. as it rethinks its exposure in the world’s No. 2.. WorldNews - Published