hypermarket

Investors reconfirm 98.8% of Sun Art Retail allocation

Retail investors will be allocated 18.7% of Sun Art's $1 billion IPO after reconfirming 93.3% of their original allocation after the detection of a prospectus error. The process results in an overall take-up ratio of 98.8%.

July 21, 2011

Sun Art's trading debut delayed due to prospectus error

Sun Art will need to issue a supplementary prospectus and give retail investors a chance to withdraw their orders after overstating its earnings per share for the past three years.

July 14, 2011

Casino buys Carrefour Thailand for $1.18 billion

Groupe Casino affiliate Big C significantly strengthens its Thai presence with the acquisition of Carrefour's business in the country.

November 15, 2010

Korea's Lotte buys GS department and discount stores

Lotte Shopping pays aggressively to consolidate its position in South Korea, acquiring three department stores and 14 discount stores from GS Retail for $1.12 billion.

February 10, 2010