French ministers oppose potential takeover of retailer Carrefour

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The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.

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  • FRANCE 24 English published this video item, entitled “French ministers oppose potential takeover of retailer Carrefour” – below is their description.

    Two French government ministers have announced their opposition to a potential takeover of the country’s biggest supermarket chain Carrefour by the Canadian group Couche-Tard. The two companies announced they were in preliminary talks on a deal earlier this week. France’s finance minister, Bruno Le Maire, said a takeover was an issue of “food sovereignty”. His ministry would need to approve any deal affecting the food distribution sector. Also today, how carmakers are trying to cut the cost of electric vehicles for consumers.

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    In This Story: France

    France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.

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