France's Carrefour buys 224 convenience stores in Taiwan

PARIS (Reuters) - French retailer Carrefour said on Tuesday it had agreed to buy Wellcome Taiwan from Dairy Farm , as it further expands its footprint in Taiwan and in the fast-growing convenience stores format.The transaction, with an enteprise value of 97 million euros (86.42 million pounds), covers the purchase of 224 proximity stores in quality locations as well as a warehouse, the statement said.Wellcome Taiwan posted net sales around 390 million euros in 2019.