French politics kills Canadian bid to create one of the world’s top supermarket groups

The French government has put an abrupt end to a $20 billion takeover of the country’s biggest retailer by Canada’s largest convenience store operator. In a joint statement on Saturday, French supermarket chain Carrefour (CRERF) and Couche-Tard (ANCTF), the owner of Circle K, said that talks about a €16.2 billion ($19.5 billion) transaction “are no […]

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