Carrefour’s missed deal shows consolidation is difficult


Carrefour Marsilles

NEW YORK: It’s been a tough year for Alexandre Bompard. Attempts by the Carrefour SA boss to create a supermarket champion in France are proving elusive.

Talks on a deal to tie up the publicly listed grocer with privately held rival Auchan have failed, Bloomberg reported over the weekend.

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Carrefour , Auchan , valuation , consolidation ,

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