Description: LONDON/PARIS — Canada’s Alimentation Couche-Tard has dropped its 16.2 billion euro ($19.6 billion) bid to acquire European retailer Carrefour SA after the takeover plan ran into stiff opposition from the French government, two sources familiar with the matter told Reuters on Friday.
Date: Jan 16, 2021
Questions for discussion:
- What are the implications of the failure of this deal and the interference of the French government?
- How should investors view the attitude of the French government toward business activities?