|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||3.6115 - 3.6400|
|52-week range||3.0400 - 4.7800|
|Beta (5Y monthly)||0.49|
|PE ratio (TTM)||13.12|
|Forward dividend & yield||0.12 (3.27%)|
|Ex-dividend date||26 May 2021|
|1y target est||N/A|
Realty Income's (O) additional investments in Carrefour properties are in sync with its strategy of partnering with operators enjoying consistent sales trends and limited cash flow volatility.
French food retailer Auchan explored a deal with a blank cheque company backed by telecoms mogul Xavier Niel and banker Matthieu Pigasse before a failed attempt to tie up with rival Carrefour, three sources familiar with the matter told Reuters. Discussions between the billionaire Mulliez family, which owns Auchan, and 2MX Organic - which was launched in December and pioneered Europe's market for special acquisition companies (SPACs) - were held over the summer, the sources said. A tie-up would have given Auchan a listing, providing a currency to do deals and generate funds to revamp its hypermarket-focused business.
(Bloomberg) -- It’s been a tough year for Alexandre Bompard. Attempts by the Carrefour SA boss to create a supermarket champion in France are proving elusive.Most Read from BloombergNYC's Waldorf Gets Plush Renovation, Becomes Icon of China's OverreachHow Singapore's $50 Billion Financial District Will Change After Covid-19Tycoon Behind a Crisis-Era Property Crash Now Sits on a $9 Billion Debt MountainHow France Turned the Humble Roundabout Into a Showcase for ArtThey Invented the Must-Have Inst