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French antitrust clears Carrefour's acquisition of Delhaize's French business

French antitrust authority said on Thursday it had approved the acquisition by Carrefour of the French business of Belgian retailer Louis Delhaize on the condition that eight stores would be sold to competitors.
The French antitrust authority has approved Carrefour's acquisition of Delhaize's French business, Cora and Match, without any conditions, as announced on March 14, 2024. This decision follows a detailed review which concluded that the merger would not significantly impact competition in the French retail market. Carrefour, a major player in the European retail sector, will now integrate Cora and Match, enhancing its market presence in France. The acquisition is part of Carrefour's strategy to expand its footprint and strengthen its competitive position against other retail giants.

Read the Full Reuters Article at:
[ https://www.msn.com/en-us/money/companies/french-antitrust-clears-carrefour-s-acquisition-of-delhaize-s-french-business/ar-AA1ARIAz ]


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