CARREFOUR, PROMOTES MERGER PROBED

PARIS -- An investigation has been launched into whether insider trading and fraudulent activities were undertaken in the days leading up to the announcement of the merger between French retailers Carrefour and Promodes, judicial officials revealed.The Parquet de Paris began its investigation Aug. 8, officials said, following a recommendation in late July by the Commission des Operations de Bourse.A

PARIS -- An investigation has been launched into whether insider trading and fraudulent activities were undertaken in the days leading up to the announcement of the merger between French retailers Carrefour and Promodes, judicial officials revealed.

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