French retailer Groupe Casino tops Latin Trade’s third-quarter Multinational Index by growth. Casino’s revenues reached $5.5 billion in the period, up 18 percent from the third-quarter last year.
In November this year, Casino announced its decision to dispose of its Brazil-based furniture and electronics retail unit Via Varejo. The plan is to focus on its food business through its hypermarkets and supermarkets.
On second place, with a 10 percent growth in revenues is U.S.-based industrial gases company Praxair. In late November, Praxair revived its interest in merging with Germany’s Linde, a move backed by Linde’s supervisory board Chairman Wolfgang Reitzle.
On the other side of the ranking, with a 44 percent plummet in revenue is U.S. oil field services firm Halliburton.
To see and download the full ranking, which includes the list of the 25 largest multinationals by revenue and by growth, click on the link below.
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