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The Family Of Lord Lafayette Holdings Bought 6.1% Of Carrefour.

2014/4/9 19:28:00 25

Lord BuddhaDepartment StoreAcquisition Of Shares

< p > the French family store retailer Galeries Lafayette a href= "//www.sjfzxm.com/news/index_c.asp", the owner of the family of "Lord of the Buddha" /a department store, announced on Monday that it had bought the 6.1% largest stake in the French largest chain retail group, the Motier group, by the family holding company Motier SAS. The Reuters quoted an insider as saying that it was trading in the open market.

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< p style= "text-align: center" > < img border= "0" align= "center" alt= "" src= "" /uploadimages/201404/09/20140409073356_sj.JPG "/" < > > "


P > Carrefour SA (CARR.PA) Carrefour rose to 29.24 euros on Monday, reaching a new high of nearly three years, closing at 29.16 euros.

According to this price, Motier SAS paid 1 billion 280 million euros for the 44 million 200 thousand shares of Carrefour SA (CARR.PA) Carrefour a href= "//www.sjfzxm.com/news/index_c.asp" > shares < /a >, becoming the second largest shareholder of the latter.

Motier SAS said in a statement that this is a long-term strategic investment, showing its confidence in the growth potential of Carrefour SA (CARR.PA) Carrefour.

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< p > according to internal information, < a href= "//www.sjfzxm.com/news/index_c.asp" > Motier < /a > SAS has no intention to increase Carrefour SA (CARR.PA) Carrefour in the future, and the acquisition will not affect the expansion plan of the Galeries / Lafayette department store.

Motier SAS emphasizes that it will continue to focus on the core department store business and will invest the necessary resources in the coming years.

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< p > Galeries Lafayette, the Department of general Lafayette in 2012 sold the French chain supermarket Monoprix Monoprix 50% stake to Carrefour SA (CARR.PA) Carrefour rival Casino Guichard-Perrachon SA (CASP.PA), cash in 1 billion 180 million euros, and in 2013, the domestic competitors, Paris spring department store and British department store retailer, Fok.

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"P > Carrefour SA (CARR.PA) Carrefour dropped 2.30% to 28.49 euros in early trading on Tuesday, with a market capitalization of about 20 billion euros.

The richest group in France, the world's largest luxury group, LVMH Mo t Hennessy Louis Vuitton SA (LVMH.PA), MOET & CHANDON Hennessy LV Group Chairman Bernard Arnault and private equity fund Colony Arnault, are the largest shareholder of Carrefour, and controlled 14.77% shares and 20.06% of voting rights by the end of September 2013.

The shareholding ratio of Bernard Arnault family holding company Groupe Arnault SA and olony Capital LLC and Blue Partners is 8.88% and 5.89% respectively.

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