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The head tube badge says 'Topbike'. The seat tube decal says 'Carrefour'. In other words, it's a supermarket bike. But, if the third post here - http://cyclurba.fr/forum/10680/carrefou ... ionID=1169 - is to be believed, it's a supermarket that sold bikes with Columbus tubing once upon a time! :?
Columbus make some fairly ordinary tubing. This is probably the equivalent of a reynolds 501 carrera from halfords. Not to be sniffed at but nothing that special either...