Shopping carts sit outside a Carrefour SA hypermarket store in Marseille, France. (Photographer: Balint Porneczi/Bloomberg)

Carrefour Sells Control of China Business at a Discount

(Bloomberg) -- Carrefour SA has agreed to sell an 80% stake in its China unit for 4.8 billion yuan ($698 million) in cash to local retailer Co. as it rethinks its exposure in the world’s...

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