Couche-Tard confirms Carrefour deal discussions

Date : 14 January 2021

Stewart Samuel

Director of Retail Futures

Canada's Couche-Tard, which operates the Circle K chain of convenience stores globally, has submitted a non-binding offer letter to Carrefour for a "friendly combination" at a price of EURO 20 per share, in a US$20bn deal. The terms of the transaction are under discussion, but there can be no…

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