By and  on January 11, 2018

PARIS — French retail giant Carrefour SA said on Thursday that it is buying a 17 percent stake in online sales retailer Showroomprivé as it seeks to bulk up its expertise in the digital sphere.

Carrefour is purchasing part of the business from South African furniture and clothing retailer Steinhoff for 13.50 euros per share, for a total of around 79 million euros.

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