Posted by & filed under Company Analysis, Governments & Regulators, Growth & Valuation, Personal Finance.

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?

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