PREVIEW-Out of Africa, into Euronext for PPR's CFAO

Newswire

* CFAO is best-performing general retail asset at PPR * May branch out into other businesses like vehicle leasing * Seen as strong investment, several analysts say By Lionel Laurent PARIS, Nov 23 (Reuters) - French retail and luxury group PPR is set to raise up to $1.5 billion by listing its Africa-focused distribution unit CFAO in Paris next week, raising the profile of a company little known by international investors. "Many investors outside of France are not even familiar with ...

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