Carrefour reduces its stake in Adialéa, its joint subsidiary with CFAO

Carrefour reduces its stake in Adialéa, its joint subsidiary with CFAO

Having contributed three times to its subsidiary’s coffers’ bailout, the French distribution group may no longer have joint control over strategic decisions in Senegal and the Côte d’Ivoire.

Someone shares this article with you
            ▪ Carrefour reduces its stake in Adialéa, its joint subsidiary with CFAO

▪ Having contributed three times to its subsidiary’s coffers’ bailout, the French distribution group may no longer have joint control over strategic decisions in Senegal and the Côte d’Ivoire.

https://www.jeuneafriquebusinessplus.com/en/807098/carrefour-reduces-its-stake-in-adialea-its-joint-subsidiary-with-cfao/

26/02/2021 at 16h25, by Jeune Afrique Business+

Before ceding control to its partner CFAO Retail last year, Carrefour had contributed each year, between 2017 and 2019, to the financial needs required to extend this subsidiary’s supermarket network in sub-Saharan Africa, launched in 2013.

To read the article and discover your subscription benefits

You are connected to your Jeune Afrique account but your Jeune Afrique Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Large-scale distribution

21/09/2020 at 15h04, by Jeune Afrique Business+

Carrefour invests additional €6 million in CFAO JV in Africa

The capital increase of the joint venture between the French retail giant Carrefour and CFAO aims to...

Large-scale distribution

20/09/2020 at 08h57, by Pierre-Olivier Rouaud

Fabrice Tchouaffé chosen to lead Douala’s second Carrefour Market

The Franco-Japanese group CFAO, which is expanding its reach in Cameroon’s economic capital, is entrusting...

Large-scale distribution

26/06/2020 at 21h57, by Omer Mbadi

Grégory Jeannez ready to launch the next Carrefour Market at the Douala Grand Mall (Actis)

At the beginning of June, the Frenchman took over the reins at the supermarket that the French-Japanese...

Telecoms & Media

25/11/2019 at 17h07, by Aurelie Benoit, updated 26/11/2019

Out-of-home advertising: Pikasso unveiled in Carrefour stores in Morocco

According to our sources, the Lebanese group has recently taken over Greenberry, the pioneering advertising...

Large-scale distribution

09/10/2019 at 08h53, by Gaëlle Arenson, updated 22/10/2019

CFAO Retail opens a 2nd Carrefour Market in Cameroon, plans a first Supeco in early 2020 and a PlaYce in 2021

At the beginning of the year, the retail group introduced the hard discount banner SUPECO to increase...

Any questions ? contact us

Please get in touch with the Jeune Afrique Business+ team if you require any further information.

Email us : abonnements@jeuneafriquebusinessplus.com

Add JAB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add JAB+ on the home screen.

3. Enter the name of the shortcut and confirm.