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French minister opposes $20 bln Carrefour offer

Video Credit: Reuters Studio - Duration: 01:27s - Published
French minister opposes $20 bln Carrefour offer

French minister opposes $20 bln Carrefour offer

Finance Minister Bruno Le Maire expressed France's stiff opposition to a possible near-$20 billion takeover of Carrefour by Canada's Alimentation Couche-Tard on Friday, driving the French retailer's shares down by 4.5%.

Ciara Lee reports


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Carrefour Carrefour French multinational retail and wholesaler

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Bruno Le Maire Bruno Le Maire French politician and diplomat


Alimentation Couche-Tard Alimentation Couche-Tard Canadian convenience store operator