• Email Us: [email protected]
  • Contact Us: +1 718 618 4351
  • Skip to content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Carrefour ends interest in tie-up with Auchan -Le Figaro

October 9, 2021 by David Barret Leave a Comment

October 9, 2021

PARIS (Reuters) – Carrefour has decided to end its interest in a possible tie-up with Auchan after the two French retailers held exploratory talks in recent months, daily newspaper Le Figaro reported on Saturday.

The decision was taken by Carrefour’s strategic committee on Thursday on the recommendation of Chief Executive Alexandre Bompard who considered a potential deal with Auchan as too complex, Le Figaro said.

Carrefour and Auchan could not be immediately reached for comment.

Le Monde, another French daily, had reported at the end of September that Bompard was examining options for sector consolidation and his group had held talks with the Mulliez family that controls Auchan.

Carrefour said in June it had started considering possible consolidation, divestitures or tie-ups of its foreign subsidiaries, but had not made a decision to sell any assets.

In January, Canada’s Alimentation Couche-Tard dropped its 16.2 billion euro ($19.57 billion) bid for Carrefour after the French government opposed the deal, citing food security concerns.

(Reporting by Gus Trompiz and Laetitia Volga, Editing by William Maclean)

Source Link Carrefour ends interest in tie-up with Auchan -Le Figaro

Related posts:

  1. Firefly launches its first rocket, but loses the launch craft in mid-flight explosion
  2. China sees ‘Cold War mentality’ in U.S., British, Australia pact
  3. Gillmor Gang: Off the Wall
  4. 72 hours left to save $100 on passes to TC Sessions: SaaS 2021

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar


  • Home
  • All Reports
  • About Us
  • Contact Us
  • +1 718 618 4351
  • +91 78878 22626
  • [email protected]
Office Address
Survey No. 51/14 First Floor, Office Number 4, Vishwa Arcade, Near Navale Lawns, Pune, Maharashtra, India 411041

Powered by Prudour Network

Copyrights © 2022 · Medical Market Report. All Rights Reserved.

Go to mobile version