HomeEconomyAcquisition of Casino by Carrefour? "No file on my desk", replies...

Acquisition of Casino by Carrefour? “No file on my desk”, replies Alexandre Bompard

Carrefour boss Alexandre Bompard says acquiring Casino would no longer be considered. “There is no file on my table,” said the CEO of Carrefour.

Will Carrefour’s development plan imply external growth? About BFM Business, Alexandre Bompard, its CEO, does not exclude anything and says that he is focused on a single point: “the development of Carrefour”. Is the takeover of Casino contemplated in the strategy of the retail giant?

Since 2019, the possibility of a Casino takeover by Carrefour has been raised. The leaders of the two groups would have discussed it several times. In 2021, a public exchange offer (exchange of shares) between 4,000 and 4,200 million euros has been proposed.

“We are fine, we live well alone”

This option now seems to be a thing of the past. “We are fine, we live well alone, we are going to invest 8,000 million euros” during the group’s new strategic plan, which was presented this Tuesday and sets goals for 2026. Of that amount, 3,000 million will go to digital.

Author: Pascual Samama
Source: BFM TV

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