CC, HHP, Ashurst lead on Carrefour Indonesia sale
BY Kanishk Verghese, Reuters |
Carrefour continued to sell off key assets in Southeast Asia with the divestment of its 60 percent stake in its Indonesian supermarket operations to local partner CT Corp for 525 million euros ($673 million). Clifford Chance and Hadiputranto, Hadinoto & Partners advised the seller, while Ashurst advised CT Corp.