CY: CCC Is Now Carrefour

After purchasing 50.1% of the shares of Chris Cash and Carry, Carrefour took over the Management of Chris Cash and Carry on August 18th 2005.

As per the takeover agreement, the name Chris Cash and Carry was supposed to remain for a period of four years and the name GROUPE CARREFOUR will be added to its neon signs and letterheads. But today while visiting CCC in Larnaca, I noticed that the name was already changed into 100% Carrefour.