“Meals stability is strategic for our country so that’s why we you should not sell a large French retailer. My answer is particularly obvious: We are not in favour of the offer. The no is polite but it really is a clear and ultimate no,” Le Maire reported.
Couche-Tard was hoping to win the government’s blessing by offering commitments on both equally work opportunities and France’s food items provide chain and by keeping the merged entity detailed in equally Paris and Toronto, with Carrefour manager Alexandre Bompard and his Couche-Tard counterpart Brian Hannasch leading it as co-CEOs, just one of the sources claimed.
The system integrated a pledge to preserve the new entity’s international strategic functions in France and owning French nationals on its board, he mentioned.
Couche-Tard, advised by Rothschild, was also likely to pump about 3 billion euros of investments into the French retailer which was working on