Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Carrefour    CA   FR0000120172

CARREFOUR (CA)

Real-time Quote. Real-time Tradegate - 02/10 01:40:51 am
23.506 EUR   -0.10%
02/08 France asks EU for 'market regulation' to help struggling farmers
02/08 CARREFOUR : and its Foundation provide the victims with aid (Taiwan ..
02/07DJThailand's TCC in $3.46 Billion Deal for Groupe Casino's Big C St..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

French Anti-Trust Agency OKs Carrefour's Purchase Of Guyenne Et Gascogne

05/10/2012 | 06:03am US/Eastern

France's anti-trust agency Thursday authorized retailer Carrefour SA (>> CARREFOUR) to buy smaller domestic peer Guyenne et Gascogne SA (>> GUYENNE GASCOGNE), as the acquisition isn't likely to hamper competition in the south-west of the country where Guyenne et Gascogne operates.

The authority authorized the merger with no conditions, and said in a statement there are several competing supermarkets chains in the area where Guyenne et Gascogne runs 37 supermarkets.

Carrefour announced the takeover bid for its franchisee and long-term partner Guyenne et Gascogne in December, seeking to defend its market position in southwestern France. Carrefour offered to pay EUR74.25 per Guyenne et Gascogne share, or 3.9 Carrefour shares for every Guyenne share tendered. Carrefour may pay as much as ER370 million if the cash offer is fully accepted.

-By Inti Landauro, Dow Jones Newswires; +33 1 4017 1740; inti.landauro@dowjones.com

Stocks mentioned in the article : CARREFOUR, GUYENNE GASCOGNE
React to this article
Latest news on CARREFOUR
02/08 France asks EU for 'market regulation' to help struggling farmers
02/08 CARREFOUR : and its Foundation provide the victims with aid (Taiwan earthquake)
02/07DJThailand's TCC in $3.46 Billion Deal for Groupe Casino's Big C Stake
02/07DJThailand's TCC Group to Buy Groupe Casino's Stake in Big C
02/07DJThailand's TCC Group to Buy Groupe Casino's Stake in Big C
02/07DJThailand's TCC Group to Buy Groupe Casino's Stake in Big C -- Update
02/06DJThailand's TCC Group to Buy Groupe Casino's Stake in Big C
02/05 CARREFOUR : France – ranked in pole position in the 2016 survey conducted ..
02/01 Foreign companies bet on China's consumers as industry slows
02/01DJU.S. Food Firm Challenges Chinese Verdict in Meat Scandal
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials