Sabanci Studies Strategic Options for Carrefoursa Shares

Haci Omer Sabanci Holding AS (SAHOL) said it hired an advisor to study strategic options for shares in supermarket chain Carrefoursa AS, according to a statement to the Istanbul Stock Exchange today.

Carrefour shares surged 9.4 percent to 15.20 liras at 5:22 p.m. in Istanbul. The company’s share price values it at 1.78 billion liras ($965 million), according to Bloomberg data.

To contact the reporter on this story: Mark Bentley in Istanbul at

To contact the editor responsible for this story: Aydan Eksin at

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