It’s been a tough year for Alexandre Bompard. Attempts by the Carrefour SA boss to create a supermarket champion in France are proving elusive.
Talks on a deal to tie up the publicly listed grocer with privately held rival Auchan have failed, Bloomberg reported over the weekend. The two sides were discussing a 16.6 billion-euro ($19 billion) combination that would have seen the Mulliez family, the owners of Auchan, hold a majority stake in a combined entity. Disagreements over the deal structure proved too hard to overcome, people familiar with the situation said.
October 11, 2021 at 11:00AM
https://www.bloomberg.com/news/articles/2021-10-11/carrefour-s-latest-deal-miss-shows-grocery-consolidation-is-hard
Carrefour's Latest Deal Miss Shows Grocery Consolidation Is Hard - Bloomberg
https://news.google.com/search?q=hard&hl=en-US&gl=US&ceid=US:en
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