Carrefour has launched plans to sell its retail busines units in Malaysia, Singapore and Thailand, according to reports. If realised, such a deal may raise around US$1.0 billion for Carrefour. According to Reuters, Carrefour is working with Goldman Sachs and UBS for an auction to attract corporate buyers and private equity companies.

The deal is possible as they are not priority markets and the retailer does not have a top three position in any of them, Planet Retail analyst Mr. Magali Dubr...
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