The board of the world's second-biggest retailer, Carrefour (CARR.PA), is meeting on Tuesday to discuss plans to spin off 25 percent of Carrefour Property and 100 percent of its Dia discount unit in a bid to revive its share price, sources close to the situation said. Carrefour, undermined by two profit warnings last year, may subsequently list the property business in Paris and Dia on the Madrid stock exchange, one of the sources told Reuters. The listings will happen if Carrefour shareholders approve the spin-offs in June, the source said.
Source
