Carrefour Announces a Plan to Acquire the Activities of DIA in France

Fri Jun 20, 2014 2:20pm EDT

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Carrefour Announces a Plan to Acquire the Activities of DIA in France

Regulatory News:

Carrefour (Paris:CA) announces, as part of an exclusivity agreement with DIA, the signature of a put option with a view to acquire DIA France for an enterprise value of 600 million euros.

With more than 800 stores totaling nearly 550,000 m² to date, DIA France recorded sales under banners of 2.3 billion euros in 2013.

This transaction would contribute to the growth of Carrefour’s multiformat store network in its domestic market and would allow Carrefour to best serve its customers by offering services tailored to the evolution of their consumption habits.

The completion of the transaction is subject to the signature of final agreements following consultations with DIA France’s employee representative bodies and to the approval of the relevant antitrust authorities.

About Carrefour Group

The world’s second-largest retailer and the biggest in Europe, Carrefour Group employs 365,000 people. Present in 34 countries with more than 10,000 stores, Carrefour posted total 2013 sales of €100.2 billion under banners. A multi-local, multi-format and multi-channel retailer, Carrefour is a partner to everyday life. It serves around 10 million customers daily throughout the world, offering a wide variety of products and services at the right price.

For more information:

Group Communication, +33 (0) 1 41 04 26 17
Investor Relations, +33 (0) 1 41 04 26 00