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Indonesian tycoon acquires Carrefour for $750 million - Vimarsana News

Indonesian tycoon acquires Carrefour for $750 million

PT Trans Retail, a unit of conglomerate CT Corp founded by local tycoon Chairul Tanjung, announced on Tuesday that it had reached a deal worth US$750 million (Bt23 billion) to acquire a 60-per-cent stake in retailer PT Carrefour Indonesia, a subsidiary of