Biedronka signals interest in Carrefour’s Polish assets

Polish grocery chain Biedronka is prepared to pursue a deal for a large part of Carrefour’s assets in Poland if the French retailer decides to sell, reported Reuters, citing comments from Biedronka's CEO Luis Araujo. French media reported in September that Carrefour was considering an exit from Poland and had brought in JP Morgan to advise on a possible transaction. The group set out an initiative last month that aimed at lifting profitability and improving market share in France, Spain and Brazil. In ...