“Food stuff safety is strategic for our region so that is why we do not offer a significant French retailer. My response is very apparent: We are not in favour of the offer. The no is well mannered but it truly is a very clear and closing no,” Le Maire explained.
Couche-Tard was hoping to win the government’s blessing by featuring commitments on the two jobs and France’s foods supply chain and by maintaining the merged entity shown in the two Paris and Toronto, with Carrefour manager Alexandre Bompard and his Couche-Tard counterpart Brian Hannasch major it as co-CEOs, one particular of the resources explained.
The approach involved a pledge to hold the new entity’s world-wide strategic functions in France and having French nationals on its board, he said.
Couche-Tard, encouraged by Rothschild, was also likely to pump about 3 billion euros of investments into the French retailer which was