klepierre t is for to reach its strategic goal.t was our main target and we have achieved it could we are happy with that because it is going to dramatically improve the financial profile ofklepierre. and will allow it to get better access. willnk we believe that it be of the utmost importance to have a strong balance sheet in the current environment. i hope you come to the studios here in london so that we can continue the conversation. klepierre. stay with us, we are "on the move." ♪ >> will come back to on the move. . in thecine lacqua meantime, these are bloomberg top headlines. angela merkel begins her third term as german chancellor this week with the overwhelming support of her spd coalition partner. the announcer cabinet choices yesterday. her veteran finance minister keeps his post. and germany gets its first female defense minister. the chinese manufacturing gauge on speculation out a three-month low. 50.5 came below estimates. a number below 50 indicates expansion. stocks extended losses after the reports. the final rati

these sites are fromklep klepierre. they are buying them back after having sold them earlier. will hold 42% of the company. leadingt to become a shopping mall owner not just your individual small sites. they want to help the hypermarket part of the business because they have the largest stores. they haven't been working and tesco is doing the same in u.k. making a morbid destination for shoppers. lexus is reallyc about having control. this is a turnaround forarrefour. they're buying sites are the arty have a big hypermarket. >> they want is a little sick and get to lure in customers and start spending the cash in their own hypermarket. interestingly, they're starting to see a turnaround in the hypermarket because for the past two years they haven't seen any increase in sales. for the first time in the third quarter we did see them post an increase in sales at the hypermarkets unit. get 1.5 billion euros in proceeds. they might flesh out some m&a themselves. they will restructure their own portfolios. >> caroline, thank you so much. hyde with the latest on the 2 billion euro de