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“Big Business” N ° 38: Can Carrefour be sold?

2021-01-14T09:02:12.532Z


EXCLUSIVE SUBSCRIBER LETTER - Barely revealed, the discussions for a buyout by the Canadian Couche-Tard were declared unacceptable by Bruno Le Maire.


Dear subscribers,

"Who?"

.

I admit, like many, I first had trouble taking the Bloomberg leak seriously - an agency which is generally serious in this matter - lending, on the night of Tuesday to Wednesday, at Carrefour discussions with a view to a merger with the group… Couche-Tard.

Who did you say?

The French distributor, which employs 321,400 people including a third in France, will probably not pass under the Canadian flag.

LOIC VENANCE / AFP

Couche-Tard then.

A Quebec success story, of which Ludovic Hirtzmann recounted.

Created in 1980, the group, well known across the Atlantic for its "convenience stores" (small local stores) and sales in service stations, has become a multinational.

We must take seriously this company whose name makes you smile: on the stock market, Couche-Tard weighs 30 billion euros.

That's much more than Carrefour - 13 billion at the close of Tuesday night, 14.3 billion twenty-four hours later after soaring 13.4%, and the margins of the Canadian are also much higher than those of the French.

You really have to take it seriously when after

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Source: lefigaro

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