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Sabanci Studies Strategic Options for Carrefoursa Shares

Haci Omer Sabanci Holding AS 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.

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