City snapshot: Carrefour sells Chinese retail business in €1.4bn deal

Tesco Carrefour

French retail giant Carrefour has announced it has agreed to sell its operations in China to Chinese retail group Suning.com in a €1.4bn deal. Plus, franchise retailer Cake Box has delivered 33% sales growth in its inaugural year as a listed business and all the rest of the latest news ...

Subscribe to comprehensive insights on your industry to give you a competitive edge

Already a Subscriber?

Not a Subscriber?

There’s more to discover…

Subscribe to Platinum from just £1.16 per day

Subscribe now