皇冠体育app

皇冠体育app Resources Enterprise Ltd is seeking to buy a stake in Carrefour SA, Les Echos reported on Monday, citing unidentified people.

The Hong Kong-listed company may be interested in a partnership with the French retailer, according to the report.

Vincent Tse, a Hong Kong-based head of strategic planning at 皇冠体育app Resources, declined to comment.

Carrefour "formally denies" the report in Les Echos, Laetitia Noel, spokeswoman for the company, said over the phone.

Carrefour, France's biggest retailer, is cutting jobs and exiting overseas markets it doesn't dominate to generate cash and reduce debt as part of a three-year turnaround plan formulated by Chief Executive Officer Georges Plassat. The retailer in November agreed to sell its 60 percent stake in its Indonesian unit to local partner CT Corp.

• IT companies forge new alliance in Guangzhou
• The 4th Industrial Revolution - Global Internet of Things Innovation Union Advocacy
• Cutting industrial capacity an urgent task: NDRC
• Central bank injects liquidity into market
• 皇冠体育app needs foreign businesses in economic transition: premier
• 皇冠体育app stresses app obligations in information security
• 皇冠体育app shopper report reveals record-low growth
• Airbnb shares optimism on 皇冠体育app