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Casino and Teract Announce Exclusive Negotiations for Combination in France

2023-03-09T20:28:44.252Z


The group and the company have signed an “exclusivity agreement” to “create the French leader in responsible and sustainable distribution”.


The distribution giant Casino and Teract, owner of the garden centers Jardiland, announced Thursday in a press release an agreement for exclusive negotiations for a merger in France.

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Teract and Casino have signed an

“exclusivity agreement”

with the aim of

“concluding a binding agreement in order to create the French leader in responsible and sustainable distribution”

, explain the two companies, after the confirmation in early February of

“exploratory discussions about

it.

Source: lefigaro

All business articles on 2023-03-09

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