“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)
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Thursday, December 20, 2007

Carrefour expects negotiations to buy Alfa stake completed shortly

Paris (ANTARA News) - PT Carrefour Indonesia, a unit of Carrefour, said Wednesday it expects negotiations for the purchase of a majority stake in retailer PT Alfa Retailindo to be completed shortly.

"We have just signed a memorandum of understanding for the stake purchase. We hope an agreement can be reached over the next few days," Carrefour Indonesia corporate affairs director Irawan Kadarman told Thomson Financial.

Earlier today, the company said it was planning to acquire a 75 percent stake in PT Alfa Retailindo from key Alfa shareholders PT Sigmantara Alfindo and Prime Horizon Pte Ltd.

Kadarman however declined to comment on how much Carrefour was offering for the stakes.

PT Sigmantara Alfindo owns 55 percent of Alfa Retailindo, Prime Horizon holds 40 percent and 5 percent is held by the investing public.

Prime Horizon is an investment company jointly owned by Citigroup Financial Products Inc, CIMB Group Sdn Bhd and the Government of Singapore Investment Corp (Ventures) Pte Ltd through its wholly owned unit, Archipelago Investment Pte Ltd.

Prime Horizon bought Alfa Retailindo shares from cigarette maker HM Sampoerna and Sigmantara Alfindo in September last year.

Alfa Retailindo operates supermarkets.

Earlier, Indonesian retailer PT Ramayana Lestari Sentosa had offered to buy PT Sigmantara Alfindo and Horizon's stakes in Alfa Retailindo for 1,600 rupiah per share.

Ramayana later cancelled the deal due to disagreement over certain provisions of the sale-and-purchase agreement.

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