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Carrefour Buys 85 Percent Of Turkey's Kiler Supermarket Chain

May 15, 2015: 12:00 AM EST
Carrefour's Turkey unit, CarrefourSA, said it has agreed to acquire 85 percent of local supermarket chain Kiler. Valued at TRY 429.57 million, the acquisition deal will be completed following approval by concerned government regulators. Earlier in 2015, CarrefourSA acquired 26 supermarkets from Ismar and 29 others from a supermarket chain based in Antalya.
"Carrefour’s Turkish wing acquires 85 pct of local supermarket chain", BgnNews, May 15, 2015, © BgnNews
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