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Reuters
Published
Sep 11, 2009
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Carrefour says looking at acquisitions in Russia

By
Reuters
Published
Sep 11, 2009

KRASNODAR, Russia, Sept 10 (Reuters) - French supermarket group Carrefour (CARR.PA), the world's No. 2 retailer after U.S. Wal-Mart (WMT.N), is looking at different opportunities to expand in Russia, including acquisitions, its local head said on Thursday 10 September.

Carrefour

"We are looking for different opportunities in Russia. That includes, of course, the possibility of acquisitions of companies," Jacobo Caller told reporters at the opening of Carrefour's second Russian store in the southern city of Krasnodar.

"At the moment, we have no deal on the table. But I insist that mergers and acquisitions are one of the possibilities."

(Reporting by Maria Kiselyova, editing by Robin Paxton)

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