CarrefourSA ownership transfer and financial performance

Sabancı Holding has finalized the divestment of its stake in CarrefourSA to Yeni Mağazacılık AŞ, the owner of A101. Following the initial announcement in April 2026 and regulatory approval in July 2026, the process concluded with a final payment of approximately $6.47 million from Sabancı Holding to the buyer. Due to the company’s net debt and net working capital at the time of closing, the final share value resulted in a negative figure, meaning the seller paid the buyer to complete the transfer of the 89.28% total stake.

Separately, CarrefourSA reported significant financial difficulties for the first nine months of 2026, recording a net loss of 5.76 billion lira. While this loss was slightly lower than the 6.1 billion lira loss reported during the same period in the previous year, the company experienced an 11.7% decline in sales revenue and a reduction in gross profit. Operating losses rose to 7.32 billion lira, and financing expenses increased to 8.8 billion lira. However, the company’s total assets grew to 49.04 billion lira, and equity returned to a positive position of 8.75 billion lira.