Carrefour Completes Strategic Exit from Italy

Carrefour S.A. has finalized the divestiture of its Italian operations, marking a significant strategic pivot for the French retail conglomerate. The company confirmed the completion of the sale to NewPrinces S.p.A., with the transaction valued at approximately one billion euros. Carrefour Italia will be deconsolidated from the group’s financial statements effective November 30, 2025.

The strategic move has been met with approval from the investment community. On Tuesday, Carrefour’s shares traded in Paris posted a notable gain, significantly outperforming the broader CAC 40 index. The US-traded Carrefour PK equity also showed stability, holding at $3.12. Analysts view the exit as a positive step to sharpen the company’s Read more...