Carrefour seals deal to buy 127 Klepierre malls

PARIS Fri Jan 24, 2014 12:05pm EST

PARIS Jan 24 (Reuters) - France's Carrefour said on Friday it signed a binding agreement with real estate group Klepierre to buy a portfolio of 127 shopping malls in Europe, with the deal expected to close in the first half of 2014.

Carrefour said previously that the deal would cost the world's second-largest retailer 2 billion euros ($2.74 billion)and would help revive its flagging European hypermarkets. ($1 = 0.7307 euros) (Reporting by Maya Nikolaeva; Editing by Natalie Huet)

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