Despite Le Maire’s veto, Carrefour and Couche-Tard continue to negotiate a marriage plan

RÉCIT – The Quebec group must specify its commitments this Friday. The government’s opposition created a stir among Carrefour shareholders.

“Damn French!” As unexpected and virulent as it is, the opposition of ministers Bruno Le Maire (Economy) and Élisabeth Borne (Labor) to his plan to buy Carrefour has not cut the appetite of Quebecer Couche-Tard. Returned to Paris on Tuesday to negotiate a friendly rapprochement with the French distribution giant, Brian Hannash and Claude Tessier, the two main leaders of the Canadian king of mini markets and gas stations, had not packed their bags Thursday evening to return to Laval, Quebec. And for good reason: exchanges are continuing between the two groups, via the investment banks Rothschild (advising Couche-Tard) and Lazard (Carrefour) and the law firms Darrois and Cleary Gottlieb.

On Wednesday, during their second meeting with the leaders of Carrefour (the first had taken place on January 8, in Paris already), those of Couche-Tard promised to specify their commitments for the future of the group this Friday. If they haven’t abandoned their project,

This article is for subscribers only. You have 85% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

Already subscribed? Log in

.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.