Carrefour announced today that it has finalized the acquisition of the Cora and Match banners in France, from the
Louis Delhaize group.

This operation consolidates Carrefour's position in the French food retail market, with 60 Cora hypermarkets and 115 Match supermarkets.

These stores represent around 2.4% of the food retail market in France.

The enterprise value of the transaction is €1.05 billion. It includes the purchase of 55 hypermarkets and 77 supermarkets. The transaction was carried out 100% in cash, according to the company.

Carrefour has obtained a waiver from the French Competition Authority to finalize the transaction. The latter will still have to rule on the merits and any remedies by the end of the first quarter of 2025.


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