HomeBlogCanada’s Couche-Tard drops $20 bln Carrefour takeover plan after French govt opposition-sources

Canada’s Couche-Tard drops $20 bln Carrefour takeover plan after French govt opposition-sources

Canada’s Couche-Tard drops $20 bln Carrefour takeover plan after French govt opposition-sources

LONDON/PARIS — Canada’s Alimentation Couche-Tard has dropped its 16.2 billion euro ($19.6 billion) bid to acquire European retailer Carrefour SA after the takeover plan ran into stiff opposition from the French government, two sources familiar with the matter told Reuters on Friday. Read More
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