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Carrefour acquires 172 stores in Spain worth $92.m

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French supermarket retailer Carrefour has agreed to procure 172 stores under the Supersol banner in Spain, in a deal worth an enterprise value of $92.3 million which would strengthen Carrefour’s number two position in Spain.

Carrefour established that the stores and supermarkets being acquired were mainly in Andalusia and the Madrid region and that they had posted net sales of around 450 million euros in 2019.

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