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Business

Thailand's Central Group wins Vietnam's Big C for $1bn

BANGKOK -- France's Casino Group announced Friday that it will sell its Big C supermarket operations in Vietnam to Thailand's retail giant Central Group for 1 billion euros ($1.14 billion).

Big C Vietnam is one of the major retailers in Vietnam and operates 43 stores and 30 shopping malls nationwide. In 2015, turnover excluding tax was 586 million euros.

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