(Reuters) - French Finance Minister Bruno Le Maire on Friday expressed strong opposition to a proposed takeover of retailer Carrefour by Canada’s Alimentation Couche-Tard.
The Quebec-based convenience store operator on Wednesday said it had submitted a non-binding offer of 20 euros per share which valued continental Europe’s biggest retailer at 16.2 billion euros ($19.6 billion).
Here’s an outline of the two businesses:
CARREFOUR
COUCHE-TARD
Source: Company websites, Reuters
Compiled by Sarah Morland, Anait Miridzhanian and Tommy Lund; editing by Keith Weir and Jason Neely
Our Standards: The Thomson Reuters Trust Principles.