French grocery retailer Carrefour has reportedly announced it is selling its Japanese and Mexican operations.

Carrefour will sell its eight hypermarkets to the leading Japanese grocery retailer Aeon, and it will also sell its assets in Mexico to food retailer Chedraui.

Its Mexican operations include 29 hypermarkets plus two hypermarket projects due to open in 2005. Carrefour’s sales in Mexico were E519m.