Billionaire Saadé Buys Carrefour Stake as Peninsula Exits

BloombergWednesday, November 12, 2025 at 5:20:44 PM
Billionaire Saadé Buys Carrefour Stake as Peninsula Exits
The Saadé family, a prominent billionaire family from France, has acquired a significant stake in the supermarket chain Carrefour SA, marking their entry as an anchor shareholder. This move comes as Brazil's Peninsula has divested its stake in Carrefour, indicating a shift in ownership dynamics within the company. The acquisition is noteworthy as it reflects the ongoing changes in the retail sector and the strategic interests of major investors in key market players like Carrefour.
— via World Pulse Now AI Editorial System

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