Wednesday, October 31, 2012

AEON Malaysia's statement on purchase of Carrefour in Malaysia

AEON Malaysia made a statement on the rumour of its purchase of Carrefour. Please be guided and see below.

I did mention of my opinion if Carrefour Malaysia is purchased by AEON. For now, as you can see this remain a rumor. If any approach is made, it would probably be between AEON Japan and Carrefour France. I however foresee that if this deal is made fruitful, it may involve AEON Malaysia as there are no reasons for AEON Japan not to do that due to its 51% holdings of AEON Malaysia's listed entity.

No comments: