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Auchan, 42 Cities, Joined Hands To Promote The Mainland Store.

2010/8/9 18:03:00 45

Auchan

  

According to sources, law and Commerce

Auchan

The agreement was basically reached with big RFA that it plans to integrate more than 170 stores in mainland China into the same Hongkong holding company. The company will be listed on the Hongkong stock market independently for the first quarter or the second quarter of 2011.


The first financial daily reported that Auchan is the second largest in France after Carrefour.

Retailer

In 1996, RT group founded the RT Mart distribution company, and then cooperated with Auchan.


Big RH business is well received.


Big RFA sold 2/3 of shares to Auchan, and Ru Tai shares 1/3.


In terms of each other's business, the market scale of big Rand in mainland China has expanded from 121 last year to more than 130.

Da Yun FA revealed that the current plan is to shop at the end of the year to more than 150 stores.


According to the exhibition shop speed, last year, about more than 20 new stores were opened, and this year it should be an additional 30.

Because the expansion speed is faster than last year, and the sales volume of Da Yun FA's single store is very bright, its overall performance is quite optimistic by the industry.


Auchan has huge assets.


At present, Auchan has 42 cities on the mainland, which are small in size, far less than 100 of Carrefour or WAL-MART, but about 80% of the more than 40 cities in Auchan are investing in their own land.


This is the value of Auchan's appreciation and its huge fixed assets value.


According to the report, he will then expand its own shopping center program in the mainland, namely, the large commercial real estate that combines the European market and the catering, entertainment and other formats.


But it is Auchan.

Big run hair

The background of cross shareholdings between the two sides has led to the frequent obstruction of the listing of big RFA in Hong Kong.

Internal sources from big Rand and Auchan revealed that the difficulties faced by both sides were different from their respective concepts of listing.


The Taiwan shareholders of big run hair group advocate listing, but because of its good performance in mainland China, the sales volume of single store in the year is as high as RMB 333 million yuan (about NT $1 billion 563 million), which exceeds the 252 million yuan of single store sales in the mainland in the year of mainland.


Auchan is also facing similar situations.

The French family business has a global footprint. It has four major business categories: large supermarkets, medium-sized supermarkets, banks and real estate. In 2009, the global post tax turnover amounted to 3 billion 980 million euros (about NT $166 billion).


Strong and strong joint establishment of holding company


Rich cash flow makes Auchan never advocate stock listing in the international market.


However, the source said that after negotiations for a period of time, the two sides basically reached an agreement, and have found several investment banks as underwriters. They intend to put all the European and European markets in the mainland into a related Hongkong holding company, which will be listed in Hongkong.

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