Carrefour says to buy 17 pct stake in Showroomprive from Conforama

SRP Groupe SA

11/01/2018 17:23

PARIS, Jan 11 (Reuters) - French retailer Carrefour 
 CARR.PA  has agreed to acquire a 17 percent stake in online 
fashion retailer Showroomprive.com for 79 million euros from 
furniture chain Conforama. 
    When the deal comes through, founders Showroomprive.com will 
retain 27.17 percent of the capital and 40.42 percent of voting 
rights. Carrefour will hold 16.86 percent of the capital and 
13.67 percent of voting rights. 
    "This partnership is a new step in the acceleration of our 
digital strategy, in an omni-channel approach," chief executive 
of Carrefour Alexandre Bompard said. 
    "It also allows Carrefour to enter the online private market 
and strengthen its offering". 
 
 (Reporting by Pascale Denis and Maya Nikolaeva; editing by John 
Irish) 
 ((maya.nikolaeva@thomsonreuters.com; +33 1 49 49 53 39; Reuters 
Messaging: maya.dyakina.thomsonreuters.com@reuters.com)) 
 
Keywords: CARREFOUR SHOWROOMPRIVE/