Home » Business » Auchan launches new bid to take over rival Carrefour

Auchan launches new bid to take over rival Carrefour

French retailer Auchan is exploring another takeover bid for local rival Carrefour SA, Bloomberg News reported, after negotiations for the previous offer failed in October 2021.

Auchan launches new bid to take over rival Carrefour

Auchan is in talks with a number of private equity firms to bolster Carrefour’s bid, Bloomberg News added.

Both Auchan and Carrefour did not immediately make themselves available for statements.

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