HONG KONG: Alimentation Couche-Tard Inc, the convenience-store giant that owns the Circle K chain, said it’s exploring a transaction with French grocer Carrefour SA, a deal that would represent a major strategy shift for the Canadian firm.
Couche-Tard said Tuesday it has started “exploratory discussions” on a friendly deal with Carrefour, confirming an earlier Bloomberg News report. There’s no certainty the talks will lead to a transaction, the Quebec-based company said.
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