On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1360 AM Northeast, WI 97.5 FM Green Bay, WI

Weather

Current Conditions(Green Bay,WI 54303)

More Weather »
70° Feels Like: 70°
Wind: SE 8 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Thunderstorms 77°

Tonight

Heavy Thunderstorms 66°

Tomorrow

Partly Cloudy 83°

Alerts

Klepierre says in talks with Carrefour on shopping mall deal

The logo of Carrefour is seen at the entrance of the Carrefour's Bercy hypermarket in Charenton Le Pont, near Paris, August 29, 2013. REUTER
The logo of Carrefour is seen at the entrance of the Carrefour's Bercy hypermarket in Charenton Le Pont, near Paris, August 29, 2013. REUTER

PARIS (Reuters) - Klepierre confirmed in a statement on Thursday that it was in talks with Carrefour to sell a portfolio of shopping malls, but said no agreement had been reached.

French daily Le Figaro earlier reported that Europe's largest retailer was in talks to buy more than 100 shopping malls in France, Spain and Italy owned by the real estate group for 1.7 billion euros ($2.3 billion).

Klepierre said it would update the market in due course and would only disclose financial terms once a deal was reached.

($1 = 0.7472 euros)

(Reporting by Natalie Huet; Editing by Leila Abboud)

Comments