France's Casino may buy stake in Brazil chain
Article Abstract:
Casino Guichard Perrachon & Cie. of France is expected to announce its acquisition of a minority share of Grupo Pao de Acucar SA. The move represents Casino's aggressive expansion into the retailing industry in Brazil. Grupo Pao is a leading supermarket chain in Brazil. Casino is expected to acquire approximately 30% of Grupo Pao's voting shares.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Sainsbury must ready a defense to elude private-equity hands
Article Abstract:
J Sainsbury PLC of the United Kingdom is expecting a takeover and may have to divest assets to avoid it. Share price has increased by 65 percent over 2006 and is considered inflated. The British supermarket chain is valued at 11 billion Pounds ($21.68 billion).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Somerfield to sell stores after 6.3% fall in sales
Article Abstract:
Somerfield PLC announced that it is selling as many as 490 stores after it posted a 6.3% decline in sales for the 1999 first-half. The company has been struggling with strong price competition.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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