Carrefour S.A. http://www.alacrastore.com/company-snapshot/Carrefour_S_A-1003143 08 Nov 2009 07:53:49 EST 1003143 Carrefour S.A. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/research/creditsights-Euro_Retail_RV_Monthly_October_2009-9014890148cs/90148normArticleTemplateWe take the opportunity to review market conditions in the UK grocery sector and change our recommendation on market leader Tesco to Overweight from Marketweight.scassidycarrefourkingfishersainsburytescowm_morrisoncarrefourkingfishersainsburytescowm_morrisonunited_kingdomunited_kingdom9014802 Nov 2009 03:10:00 ESTYes90148150CreditSights InceuropeeuropeconsumerretailretailconsumerPublishedEuroRetailConsumerReportEuro Retail & Consumer Monthly2198 Euro Retail RV Monthly: October #### This month we focus on the UK retail sector, with the consumer clearly feeling more confident than earlier in the year, although with significant pressures remaining in the months ahead, in our view....accoraccoraholdaholdalliance_bootsalliance_bootsallied_domecqallied_domecqaltriaaltriaarden_realtyarden_realtyarmstrong_worldarmstrong_worldasbury_automotiveasbury_automotiveblack_deckerblack_deckercampbell_soup_companycampbell_soup_companycarrefourcarrefourcasinocasinococa_colacoca_colacoca_cola_enterprisescoca_cola_enterprisesconagra_foodsconagra_foodscvscvsdelhaizedelhaizedillardsdillardsdsg_internationaldsg_internationalebayebayexperianexperianflemingfleminggapgapgeneral_millsgeneral_millshanesbrandshanesbrandsheinzheinzhome_depothome_depotiac_interactiveiac_interactivejc_penneyjc_penneyjones_appareljones_apparelkelloggkelloggkingfisherkingfisherkohlskohlskraftkraftkrogerkrogerlands_endlands_endliberty_medialiberty_medializ_claiborneliz_claiborneloweslowesmacysmacysmarks_spencermarks_spencermedco_health_solutionsmedco_health_solutionsmetrometromichaels_storesmichaels_storesneiman_marcusneiman_marcusnewell_rubbermaidnewell_rubbermaidnextnextnordstromnordstromoffice_depotoffice_depotomnicareomnicarepathmark_storespathmark_storespepsi_bottlingpepsi_bottlingpepsicopepsicopilgrims_pridepilgrims_prideprocter_gambleprocter_gambleradioshackradioshacksafewaysafewaysafeway_plcsafeway_plcsainsburysainsburysakssakssara_leesara_leesears_holdingssears_holdingsspectrum_brandsspectrum_brandssupervalusupervalutargettargettescotescoticketmasterticketmastertoys_r_ustoys_r_ustyson_foodstyson_foodsunited_overseas_bankunited_overseas_bankvfvfwal_martwal_martwendys_internationalwendys_internationalwinn_dixiewinn_dixiewm_morrisonwm_morrisonCredit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Groupe_Casino_Further_Progress_on_Debt_Reduction-8998389983cs/89983normWWTemplatescassidycarrefourcasinocasinocarrefourfrancefrance8998319 Oct 2009 11:09:36 ESTYes89983150CreditSights Inceuropeeuropeconsumergrocers_and_pharmaciesretailconsumergrocers_and_pharmaciesretailPublishedcompanies_withnvertibleseuro_markets_issuerscompanies_withnvertibleseuro_markets_issuersWorthWatchingWorth Watching416 Groupe Casino: Further Progress on Debt Reduction Groupe Casino : French grocer Groupe Casino (NR/BBB- Sbl) has, following much negotiation, announced the sale of Dutch retailer Super de Boer, a ##%-owned subsidiary, for €###...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Carrefour_Further_Like_for_Like_Declines-8993089930cs/89930normArticleTemplateCarrefour has reported a weak 3Q09 sales update, revealing a further deterioration in the rate of l-f-l sales decline and a reduction in its FY09 EBIT forecast.scassidycarrefourcasinometrotescocarrefourcasinometrotescofrancefrance8993018 Oct 2009 04:08:00 ESTYes89930150CreditSights Inceuropeeuropeconsumergrocers_and_pharmaciesretailconsumergrocers_and_pharmaciesretailPublishedcompanies_withnvertiblesearningseuro_markets_issuerscompanies_withnvertiblesearningseuro_markets_issuersEarningsNoteEarnings Note736 Carrefour: Further Like-for-Like Declines Carrefour  (A# Neg/A Sbl) late last week reported a weak #Q## trading update, with worsening l-f-l sales declines in its major markets and with the group delivering a slight reduction in the...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Carrefour_Further_like_for_like_Declines-8991489914cs/89914normWWTemplatescassidycarrefourcarrefourfrancefrance8991416 Oct 2009 06:09:00 ESTYes89914150CreditSights Inceuropeeuropeconsumergrocers_and_pharmaciesretailconsumergrocers_and_pharmaciesretailPublishedcompanies_withnvertibleseuro_markets_issuerscompanies_withnvertibleseuro_markets_issuersWorthWatchingWorth Watching298 Carrefour: Further like-for-like Declines Carrefour (A# Neg/A Sbl) last night reported a weak #Q## trading update, with worsening l-f-l sales declines in its major markets and with the group delivering a slight reduction in the FY##...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/T2495558T2495558ccbn/T2495558norm16 Oct 2009 12:05:00 EST2495558Final Transcript of CRERF.PK sales update conference call or presentation, 15-Oct-09 6:15pm CETCarrefour S.A.54.0000FinalQ3 2009 Carrefour S.A. Sales Conference Call (English) TranscriptCRERF.PK6:15pm CETTranscript...James Collins Deutsche Bank - Analyst Jaime Vazquez JP Morgan - Analyst Edward Oba Morgan Stanley - Analyst Fabienne Caron Bryan Garnier - Analyst Philippe Suchet Exane - Analyst James Hunstead Barclays - Analyst John Kershaw Banc of America - Analyst Cedric Lecasble Kepler - Analyst Johann Flamel HSBC - Analyst Matt Truman Nomura - Analyst Marc de Speville Redburn Partners - Analyst Andrew Kasoulis Credit Suisse - Analyst Nicolas Champ Oddo Securities - Analyst Matthew Taylor UBS - Analyst... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/research/creditsights-Carrefour_1H09_Tearsheet-8565685656cs/85656normTearsheetTemplatescassidycarrefourcarrefourfrfr8565613 Oct 2009 05:10:06 ESTYes85656150CreditSights Inceuropeeuropeconsumergrocers_and_pharmaciesretailconsumergrocers_and_pharmaciesretailPublishedcompanies_withnvertibleseuro_markets_issuerscompanies_withnvertibleseuro_markets_issuers Carrefour #H## Tearsheet Gradual margin pressure on the back of price cuts amidst a weak market backdrop Heavily reliant on new store openings to fuel top-line growth. Relatively solid low single A credit, supported by its leading market...TearsheetTearsheet635Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/fitch/515639_pr_frame515639_pr_framefitch/515639_pr_framehtmlCarrefour S.A.Casino Guichard-Perrachon S.A.J. Sainsbury plcNext plcNordstrom, Inc.Target CorporationTesco plc8009105080359961803599648035996980360208803602098163939807 Oct 2009 10:22:24 EST0103030085Press ReleaseCACOJWNNXTSBRYTGTTSCOFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Credit & Investment ResearchFitch Researchhttp://www.alacrastore.com/research/creditsights-Euro_Retail_RV_Monthly_September_2009-8913289132cs/89132normArticleTemplateWe take the opportunity to review the Europe (ex-UK) retailers in our coverage, with ongoing difficult operating conditions and mixed trading fortunes across the sector.scassidyaholdcarrefourcasinometroaholdcarrefourcasinometro8913224 Sep 2009 08:08:00 ESTYes89132150CreditSights InceuropeeuropeconsumerretailretailconsumerPublishedEuroRetailConsumerReportEuro Retail & Consumer Monthly3205 Euro Retail RV Monthly: September #### We expect operating conditions to remain extremely tough across the European retail sector for the remainder of ####, with a weak economic backdrop and an extremely price-conscious consumer heading towards...accoraccoraccoraccoraccoraholdaholdaholdaholdaholdalliance_bootsalliance_bootsalliance_bootsalliance_bootsalliance_bootsallied_domecqallied_domecqallied_domecqallied_domecqallied_domecqaltriaaltriaaltriaaltriaaltriaarden_realtyarden_realtyarden_realtyarden_realtyarden_realtyarmstrong_worldarmstrong_worldarmstrong_worldarmstrong_worldarmstrong_worldasbury_automotiveasbury_automotiveasbury_automotiveasbury_automotiveasbury_automotiveblack_deckerblack_deckerblack_deckerblack_deckerblack_deckercampbell_soup_companycampbell_soup_companycampbell_soup_companycampbell_soup_companycampbell_soup_companycarrefourcarrefourcarrefourcarrefourcarrefourcasinocasinocasinocasinocasinococa_colacoca_colacoca_colacoca_colacoca_colacoca_cola_enterprisescoca_cola_enterprisescoca_cola_enterprisescoca_cola_enterprisescoca_cola_enterprisesconagra_foodsconagra_foodsconagra_foodsconagra_foodsconagra_foodscvscvscvscvscvsdelhaizedelhaizedelhaizedelhaizedelhaizedillardsdillardsdillardsdillardsdillardsdsg_internationaldsg_internationaldsg_internationaldsg_internationaldsg_internationalebayebayebayebayebayexperianexperianexperianexperianexperianflemingflemingflemingflemingfleminggapgapgapgapgapgeneral_millsgeneral_millsgeneral_millsgeneral_millsgeneral_millshanesbrandshanesbrandshanesbrandshanesbrandshanesbrandsheinzheinzheinzheinzheinzhome_depothome_depothome_depothome_depothome_depotiac_interactiveiac_interactiveiac_interactiveiac_interactiveiac_interactivejc_penneyjc_penneyjc_penneyjc_penneyjc_penneyjones_appareljones_appareljones_appareljones_appareljones_apparelkelloggkelloggkelloggkelloggkelloggkingfisherkingfisherkingfisherkingfisherkingfisherkohlskohlskohlskohlskohlskraftkraftkraftkraftkraftkrogerkrogerkrogerkrogerkrogerlands_endlands_endlands_endlands_endlands_endliberty_medialiberty_medialiberty_medialiberty_medialiberty_medializ_claiborneliz_claiborneliz_claiborneliz_claiborneliz_claibornelowesloweslowesloweslowesmacysmacysmacysmacysmacysmarks_spencermarks_spencermarks_spencermarks_spencermarks_spencermedco_health_solutionsmedco_health_solutionsmedco_health_solutionsmedco_health_solutionsmedco_health_solutionsmetrometrometrometrometromichaels_storesmichaels_storesmichaels_storesmichaels_storesmichaels_storesneiman_marcusneiman_marcusneiman_marcusneiman_marcusneiman_marcusnewell_rubbermaidnewell_rubbermaidnewell_rubbermaidnewell_rubbermaidnewell_rubbermaidnextnextnextnextnextnordstromnordstromnordstromnordstromnordstromoffice_depotoffice_depotoffice_depotoffice_depotoffice_depotomnicareomnicareomnicareomnicareomnicarepathmark_storespathmark_storespathmark_storespathmark_storespathmark_storespepsi_bottlingpepsi_bottlingpepsi_bottlingpepsi_bottlingpepsi_bottlingpepsicopepsicopepsicopepsicopepsicopilgrims_pridepilgrims_pridepilgrims_pridepilgrims_pridepilgrims_prideprocter_gambleprocter_gambleprocter_gambleprocter_gambleprocter_gambleradioshackradioshackradioshackradioshackradioshacksafewaysafewaysafewaysafewaysafewaysafeway_plcsafeway_plcsafeway_plcsafeway_plcsafeway_plcsainsburysainsburysainsburysainsburysainsburysakssakssakssakssakssara_leesara_leesara_leesara_leesara_leesears_holdingssears_holdingssears_holdingssears_holdingssears_holdingsspectrum_brandsspectrum_brandsspectrum_brandsspectrum_brandsspectrum_brandssupervalusupervalusupervalusupervalusupervalutargettargettargettargettargettescotescotescotescotescoticketmasterticketmasterticketmasterticketmasterticketmastertoys_r_ustoys_r_ustoys_r_ustoys_r_ustoys_r_ustyson_foodstyson_foodstyson_foodstyson_foodstyson_foodsunited_overseas_bankunited_overseas_bankunited_overseas_bankunited_overseas_bankunited_overseas_bankvfvfvfvfvfwal_martwal_martwal_martwal_martwal_martwendys_internationalwendys_internationalwendys_internationalwendys_internationalwendys_internationalwinn_dixiewinn_dixiewinn_dixiewinn_dixiewinn_dixiewm_morrisonwm_morrisonwm_morrisonwm_morrisonwm_morrisonCredit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/moodys/PR_187013_91200PR_187013_91200moodys/PR_187013_91200html22 Sep 2009 09:16:07 ESThtmlCarrefour S.A.X5 Retail Group N.V.A.T.U. Auto-Teile-Unger Invtmt GmbH & Co. KGSafeway LimitedDelhaize GroupAgrokor D.D.Hornbach Baumarkt AGKoninklijke Ahold N.V.Metro AGKingfisher plcWm Morrison Supermarkets plcMarks & Spencer p.l.c.DSG International plcNEXT plcTesco PlcJ Sainsbury plcA.T.U. Auto-Teile-Unger Invtmt GmbH & Co. KG; Agrokor D.D.; Carrefour S.A.; Delhaize Group; ...91200808801559807837375617356000618136000531556000485996000100936000082245943004967004635003081299027142401150.000021 Sep 2009NewsAnnouncementCGlobal Credit Research Announcement ## SEP #### Announcement: Carrefour S.A. Moody's outlook for European retail remains negative, but potentially stabilising Fewer negative rating actions in #### versus #### London, ## September ####...Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/fitch/467102_report_frame467102_report_framefitch/467102_report_framepdfCarrefour S.A.8036020921 Sep 2009 02:13:00 EST01030300165Credit UpdateCAFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Credit & Investment ResearchFitch ResearchITALY - Coop Estense Scarl, a unit of Coop Italia Srl, acquired the two fuel distribution plants of Societa Sviluppo Commerciale Srl, a Puglia and Basilicata- based owner and operator of supermarkets, from Carrefour SA.11 Sep 2009 07:54:40 EST21662B83771R21662T14442QCoop Estense ScarlSocieta Sviluppo Commerciale Srl-Fuel Distribution Plants(2)Coop Italia SRLCarrefour SAhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Coop_Estense_Scrl_acquires_SSC_Fuel_Distn_Plants_from_Carrefour_SA-2106993040sdc/21069930402106993040Copyright © 2009, Thomson Financial, All Rights ReservedRetail Trade-Food StoresItalyGrocery stores5411FFForeignSubsidiary5141:Groceries, general line5311:Department stores5411:Grocery stores5141:Groceries, general line5311:Department stores5411:Grocery storesRetail Trade-Food StoresItalyGrocery stores5411FFForeignSubsidiary235311001Own,op supermarketsOwn,op hypermarketsUnspecifiedAssets1104065001Sep 11 20090.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.00000Coop Estense Scarl, located inModena, Italy, owns andoperates 35 supermarkets and12 hypermarkets in locationssuch as Foggia, Bari, Lecceand Taranto. The company wasfounded in 1989.Coop Estense Scarl, located in Modena, Italy, owns andoperates 35 supermarkets and 12 hypermarkets in locationssuch as Foggia, Bari, Lecce and Taranto. The company wasfounded in 1989.Coop Estense Scarl, located in Modena, Italy, owns and operates 35 supermarkets and 12 hypermarkets in locations such as Foggia, Bari, Lecce and Taranto. The company was founded in 1989.1.000002.000003.000004.000005.00000The fuel distribution plantsof Societa SviluppoCommerciale, located in Pugliaand Basilicata, which owns andoperates supermarkets.The fuel distribution plants of Societa SviluppoCommerciale, located in Puglia and Basilicata, which ownsand operates supermarkets.The fuel distribution plants of Societa Sviluppo Commerciale, located in Puglia and Basilicata, which owns and operates supermarkets.0.000000.000000.000000.00000N08 Sep 09Tue, 08 Sep 2009 00:00:00 ESTDate Announced: 09/08/200908 Sep 09Date Effective: 09/08/200908 Sep 09Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.00000100.00000100.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.00000ITALY - Coop Estense Scarl, aunit of Coop Italia Srl,acquired the two fueldistribution plants ofSocieta Sviluppo CommercialeSrl, a Puglia and Basilicata-based owner and operator ofsupermarkets, from CarrefourSA.ITALY - Coop Estense Scarl, a unit of Coop Italia Srl, acquired the two fuel distribution plants of Societa Sviluppo Commerciale Srl, a Puglia and Basilicata- based owner and operator of supermarkets, from Carrefour SA.ITALY - Coop Estense Scarl, a unit of Coop Italia Srl, acquired the two fuel distributionplants of Societa Sviluppo Commerciale Srl, a Puglia and Basilicata- based owner andoperator of supermarkets, from Carrefour SA.ITALY - Coop Estense Scarl, a unit of Coop Italia Srl, acquired the two fuel distribution plants of Societa Sviluppo Commerciale Srl, a Puglia and Basilicata- based owner and operator of supermarkets,from Carrefour SA.ITALY - Coop Estense Scarl, a unit of Coop Italia Srl, acquired the two fuel distribution plants of Societa Sviluppo Commerciale Srl, aPuglia and Basilicata- based owner and operator of supermarkets, from Carrefour SA.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000005311:Department stores5411:Grocery stores539206001Italy5411ForeignPrivate5311:Department stores5411:Grocery stores103761001ParisFrance5411ForeignPublicCA0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/moodys/PBC_119940PBC_119940moodys/PBC_119940pdf07 Sep 2009 04:15:51 ESTpdfCarrefour S.A.Carrefour S.A.91200300.000006 Sep 2009AnalysisAnalysisC...Carrefour SA ("Carrefour", "the Group" or "the Company"), rated A#/P-# (negative outlook), is the world's second largest retailer in terms of revenues after Wal-Mart (Aa#/P-#, stable). As of December ####, the group operated out of ##,### stores world-wide, of which #,### owned and #,### franchised stores. It retains operations in ## countries in Europe, Latin America, Asia and Africa, with Carrefour Carrefour Express, Dia, and # à huit being among its major banners. It also operates under the hypermarket, supermarket, hard discount, convenience store and cash & carry formats. Carrefour was the creator of the hypermarket concept in #### and has been a pioneer in rolling out the format internationally. It grew in France with the acquisition of Comptoirs Modernes in #### and the merger with Promodès in ####, which also enabled it to increase its international markets, including Spain, Italy, Greece and Argentina. Although capital expenditure in the current year is expected to decline, the... Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/fitch/506858_pr_frame506858_pr_framefitch/506858_pr_framehtmlCarrefour S.A.8036020907 Sep 2009 10:12:00 EST0103030085Press ReleaseCAFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Credit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/ccbn/T2410882T2410882ccbn/T2410882norm28 Aug 2009 01:05:00 EST2410882Final Transcript of CRERF.PK earnings conference call or presentation, 28-Aug-09 9:00am CETCarrefour S.A.54.0000FinalCarrefour S.A. Q2 2009 Earnings Presentation TranscriptCRERF.PK9:00am CETTranscript...Lars Olofsson Carrefour S.A. - CEO Pierre Bouchut Carrefour S.A. - CFO Gilles Petit Carrefour S.A. - Executive Director, France C O N F E R E N C E C A L L P A R T I C I P A N T S... Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/research/s-and-p-credit-research-Summary_Carrefour_S_A-735804735804spcred/735804normglobal24 Jul 2009 08:31:20 EST175SummaryThe latest Summary from S&PFranceHypermarkets & Super CentersAsiaEmerging MarketsEurope, Middle East, AfricaLatin AmericaUnited StatesGlobal IssuersSummaryFRAF1391U30101040 301010 3010 30Carrefour S.A.329103ASIAEMERGINGEUROMIDAFRLATAMERICAUSACA@FPSUMMARYCORPGLOBISSRetailCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/research/s-and-p-credit-research-Carrefour_S_A-735803735803spcred/735803normglobal24 Jul 2009 08:31:20 EST400Full ReportThe latest Full Report from S&PFranceHypermarkets & Super CentersAsiaEmerging MarketsEurope, Middle East, AfricaLatin AmericaUnited StatesGlobal IssuersFull ReportFRAF1391U30101040 301010 3010 30Carrefour S.A.329103ASIAEMERGINGEUROMIDAFRLATAMERICAUSACA@FPFULLFRA40202010 402020 4020 40Societe des Paiements Pass (S2P)473220EUROMIDAFRCORPFIGLOBISSRetailCredit & Investment ResearchS&P Credit ResearchITALY - Coop Estense Scrl planned to acquire four Italian sales points of Carrefour SA, an owner and operator of hypermarkets. The four sales points include hypermarkets located in Apulia and Basilicata.22 Jul 2009 07:31:01 EST21662B14468X21662B14442QCoop Estense ScrlCarrefour SA-Four Italian Sales PointsCoop Estense ScrlCarrefour SAhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Coop_Estense_Scrl_acquires_Carrefour_SA_Four_Italian_from_Carrefour_SA-2092350040sdc/20923500402092350040Copyright © 2009, Thomson Financial, All Rights ReservedRetail Trade-General Merchandise and ApparelItalyDepartment stores5311FFForeignPrivate5311:Department stores5331:Variety stores5311:Department stores5331:Variety storesRetail Trade-Food StoresItalyGrocery stores5411FFForeignSubsidiary235311001Own,operate retail storesOwn,op hypermarketsUnspecifiedAssets1094733001Jul 22 20090.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.00000Coop Estense Scrl, located inModena, owns and operatesretail department and varietyfood stores. The company wasfounded in 1923.Coop Estense Scrl, located in Modena, owns and operatesretail department and variety food stores. The company wasfounded in 1923.Coop Estense Scrl, located in Modena, owns and operates retail department and variety food stores. The company was founded in 1923.1.000002.000003.000004.000005.00000Four Italian sales points ofCarrefour SA. The four salespoints include hypermarketslocated in Apulia andBasilicata.Four Italian sales points of Carrefour SA. The four salespoints include hypermarkets located in Apulia andBasilicata.Four Italian sales points of Carrefour SA. The four sales points include hypermarkets located in Apulia and Basilicata.0.000000.000000.000000.00000N17 Jul 09Fri, 17 Jul 2009 00:00:00 ESTDate Announced: 07/17/2009Date Effective:Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.00000ITALY - Coop Estense Scrlplanned to acquire fourItalian sales points ofCarrefour SA, an owner andoperator of hypermarkets. Thefour sales points includehypermarkets located inApulia and Basilicata.ITALY - Coop Estense Scrl planned to acquire four Italian sales points of Carrefour SA, an owner and operator of hypermarkets. The four sales points include hypermarkets located in Apulia and Basilicata.ITALY - Coop Estense Scrl planned to acquire four Italian sales points of Carrefour SA, anowner and operator of hypermarkets. The four sales points include hypermarkets located inApulia and Basilicata.ITALY - Coop Estense Scrl planned to acquire four Italian sales points of Carrefour SA, an owner and operator of hypermarkets. The four sales points include hypermarkets located in Apulia andBasilicata.ITALY - Coop Estense Scrl planned to acquire four Italian sales points of Carrefour SA, an owner and operator of hypermarkets. The foursales points include hypermarkets located in Apulia and Basilicata.Pending0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Pending-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000005311:Department stores5411:Grocery stores235311001Italy5311ForeignPrivate5311:Department stores5411:Grocery stores103761001ParisFrance5411ForeignPublicCA0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/fitch/458630_report_frame458630_report_framefitch/458630_report_framepdfTesco plcDSG International plcKingfisher plcCasino Guichard-Perrachon S.A.Koninklijke Ahold N.V.METRO AGJ. Sainsbury plcMarks & Spencer Group plcNext plcCarrefour S.A.803599618036246380360208803604228036083480417179803599478036020980359964803599698035995415 Jul 2009 10:18:00 EST01030300275Special ReportKGFMKSTSCO12017NXTAHDSGI012558MEOSBRYFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Credit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/fitch/500930_pr_frame500930_pr_framefitch/500930_pr_framehtmlTesco plcKingfisher plcCarrefour S.A.Marks & Spencer Group plcCasino Guichard-Perrachon S.A.Koninklijke Ahold N.V.Next plc8036042280359961803608348036020880359969803599548036020915 Jul 2009 10:18:00 EST0103030085Press ReleaseTSCOMKSNXTKGFAH12017012558Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Credit & Investment ResearchFitch ResearchSPAIN ? Carrefour SA of France was rumored to be planning to acquire the Spanish stores of Intermarche SA, a Paris-based owner and operator of supermarkets and a unit of ITM Entreprises SA.10 Jul 2009 07:15:35 EST14442Q44670R14442Q45062CCarrefour SAIntermarche SA-Stores,SpainCarrefour SAITM Entreprises SAhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Carrefour_SA_is_rumored_to_be_planning_to_acquire_Intermarche_SA_Stores_Spain_from_ITM_Entreprises_SA-2089679040sdc/20896790402089679040Copyright © 2009, Thomson Financial, All Rights ReservedParisRetail Trade-Food StoresFranceGrocery stores5411FFForeignPublicCA5311:Department stores5411:Grocery stores5311:Department stores5411:Grocery storesRetail Trade-Food StoresSpainGrocery stores5411FFForeignSubsidiary103761001Own,op hypermarketsOwn,op supermarketsNot ApplicableAssets1093120001Jul 10 20090.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.00000Carrefour SA, located inLevallois-Perret Cedex,France, owns and operateshypermarkets, supermarkets,convenience stores and harddiscount stores located inEurope, Latin America andAsia. Its operations primarilyoffer a wide range of food andnon-food products at lowprices. The company wasfounded in 1959.Carrefour SA, located in Levallois-Perret Cedex, France,owns and operates hypermarkets, supermarkets, conveniencestores and hard discount stores located in Europe, LatinAmerica and Asia. Its operations primarily offer a widerange of food and non-food products at low prices. Thecompany was founded in 1959.Carrefour SA, located in Levallois-Perret Cedex, France, owns and operates hypermarkets, supermarkets, convenience stores and hard discount stores located in Europe, Latin America and Asia. Its operations primarily offer a wide range of food and non-food products at low prices. The company was founded in 1959.1.000002.00000Stores of Intermarche SA,located in Spain.Stores of Intermarche SA, located in Spain.Stores of Intermarche SA, located in Spain.0.000000.000000.000000.00000Y09 Jul 09Thu, 09 Jul 2009 00:00:00 ESTDate Announced: 07/09/2009Date Effective:Acq. of AssetsNot Appl.0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.00000SPAIN ? Carrefour SA ofFrance was rumored to beplanning to acquire theSpanish stores of IntermarcheSA, a Paris-based owner andoperator of supermarkets anda unit of ITM Entreprises SA.SPAIN ? Carrefour SA of France was rumored to be planning to acquire the Spanish stores of Intermarche SA, a Paris-based owner and operator of supermarkets and a unit of ITM Entreprises SA.SPAIN ? Carrefour SA of France was rumored to be planning to acquire the Spanish stores ofIntermarche SA, a Paris-based owner and operator of supermarkets and a unit of ITMEntreprises SA.SPAIN ? Carrefour SA of France was rumored to be planning to acquire the Spanish stores of Intermarche SA, a Paris-based owner and operator of supermarkets and a unit of ITM Entreprises SA.SPAIN ? Carrefour SA of France was rumored to be planning to acquire the Spanish stores of Intermarche SA, a Paris-based owner andoperator of supermarkets and a unit of ITM Entreprises SA.Rumor0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Rumor-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000005411:Grocery stores103761001ParisFrance5411ForeignPublicCA5141:Groceries, general line5411:Grocery stores6712:Offices of bank holding companies422492001France5411ForeignPrivate0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitions