Carrefour seals deal to buy 127 Klepierre malls

France's Carrefour said on Friday it signed a binding agreement with real estate group Klepierre to buy a portfolio of 127 shopping malls in Europe, with the deal expected to close in the first half of 2014.

Carrefour said previously that the deal would cost the world's second-largest retailer 2 billion euros ($2.74 billion)and would help revive its flagging European hypermarkets.