Financial Times FT.com

Speed is watchword for a stuttering Carrefour

By Scheherazade Daneshkhu in Paris

Published: July 28 2008 03:00 | Last updated: July 28 2008 03:00

In the Bois de Boulogne this morning, Carrefour shareholders will gather for the second time in three months to vote on changes at the top of Europe's biggest retailer.

At the extraordinary general meeting investors will have their say on Carrefour's proposal to replace its two-tier board with a single board of directors, and for billionaire Bernard Arnault to be more closely involved in strategy.

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