French Group Carrefour in Exclusive Talks with Paval Holding for Sale of Carrefour Romania

French Group Carrefour in Exclusive Talks with Paval Holding for Sale of Carrefour Romania

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France’s Carrefour on Thursday announced at Euronext it entered exclusive talks with Paval Holding for the sale of all its Romania activities, valued at EUR823 million.

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Analysis

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Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.

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