Couche Leclerc
That represents a roughly 29 premium to its closing price tuesday.

Couche leclerc. 2018 to cut costs and boost e commerce investment to contend with online competitors as well as domestic rivals such as leclerc. Proposed buying the french company for 20 euros a share confirming an earlier bloomberg report. With a 20 per cent market share it is the second largest player in france behind privately owned e leclerc. Couche tard was advised by rothschild where mr macron worked from 2008 to 2010.
Canadas alimentation couche tard has dropped its 162 billion euro s2603 billion bid to acquire european retailer carrefour sa after the takeover plan ran into stiff opposition from the french government two sources familiar with the matter told reuters on friday. Carrefour lost ground in recent years to leclerc sa and german discounters in france while forays into overseas markets such as latin america and china have produced mixed results. Rival lazard advised carrefour. Couche tard has a network of more than 9000 convenience stores in north america and about 2700 locations in europe as of october last year.
Couche tard which started from a single store in a montreal suburb in 1980. It has also expanded into convenience stores to reduce reliance on the. Canadas alimentation couche tard has dropped its 162 billion euro 196 billion bid to acquire european retailer carrefour sa after the takeover plan ran into stiff opposition from the french. The saga has also reignited a debate over whether france is as open for business as.
In surprise move quebec based couche tard said on wednesday it submitted a non binding 20 euros per share offer for the french grocery group largely in cash valuing the french company at 162. Alimentation couche tard inc the canadian owner of circle k convenience stores is exploring a takeover of french grocer carrefour sa in a roughly 20 billion deal that would create a trans.












































































