Carrefour CEO sees property, Brazil flotations in 2017

July 28, 2016 8:54 AM

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PARIS, July 28 French retailer Carrefour could launch separate share flotations of its property and Brazilian units in 2017, its chief executive said on Thursday.

Analysts say floating Carmila, which ranks among Europe's five largest commercial property firms, would allow Carrefour to get extra cash to fund its expansion and also unlock some hidden value within Carrefour's asset portfolio.

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