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November 7, 2011

Bernard Arnault Ups Carrefour Stake

The investment fund owned by Groupe Arnault and Colony Capital disclosed that it crossed the 15 percent ownership threshold.

By Miles Socha

mass-off-price/news

PARIS — Luxury titan Bernard Arnault continues to build his stake in Carrefour SA, which has faced an uphill climb convincing investors of its turnaround potential.

Bernard Arnault Ups Carrefour Stake

The investment fund owned by Groupe Arnault and Colony Capital disclosed that it crossed the 15 percent ownership threshold.

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